Upcoming Events
Bonds School
13 Feb 25 5 min read
About the Sessions
Since the 2022 Autumn Statement there’s been an increased demand for information about onshore and offshore bonds. In response to this, we’ve designed six bite-sized sessions covering the basics of bonds and some of the more technical aspects like taxation.
Each session will lasted 30 minutes, followed by an open Q&A for up to 30 minutes.
In addition, our Techy Thursday event on 20 March 2025 was effectively the seventh part of Bond School. In this session we focused on the planning considerations of directly held investments vs wrapped investments, and the scenarios where bonds can help deliver better client outcomes.
Individual Sessions and Registration
Sessions Date and Time:
Tuesday 11, 18 and 25 February, and 4, 11 and 18 March 2025
All sessions commence at 1:00pm
About the Event
In this session, we look at applicants and lives assured, using a life assured bond vs capital redemption option, and the segmentation of bond policies.
CPD
The events qualifies for up to 60 minutes of Structured CPD accredited by CII and CISI, and by the end of the session you will be able to:
- Understand the difference in the legal and beneficial ownership position of owners, lives assured and estate/trust beneficiaries.
- Evaluate and determine whether to use a life assured or capital redemption basis.
- Identify who should be the bond owner(s), lives assured and how many segments the bond should be set up with.
The live event was on 11 February 2025
About the Event
The topics covered in this session will be the internal taxation of bonds, 5% tax deferred allowance and the 20-year rule.
CPD
The events qualifies for up to 60 minutes of Structured CPD accredited by CII and CISI, and by the end of the session you will be able to:
- Describe the taxation of onshore and offshore bonds during the investment journey.
- Understand the mechanics of the 5% tax deferred allowance and 20-year rule.
- Identify when to use the 5% tax deferred allowance to improve tax efficiency for individuals and trustees.
The live event was on 18 February 2025
About the Event
In this session, we look at the chargeable event regime, calculating full surrender gains and excess gains, as well as full vs partial surrender.
CPD
The events qualifies for up to 60 minutes of Structured CPD accredited by CII and CISI, and by the end of the session you will be able to:
- Identify the different types of chargeable event gains.
- Calculate the gains arising on bond withdrawals.
- Evaluate the tax planning pros and cons of different withdrawal methods.
The live event was on 25 February 2025
About the Event
In this session we look at how to determine who’s liable – is it individuals, personal representatives, estate beneficiary, trust settlor, trustee, or trust beneficiary? We’ll also be discussing the use of assignments to transfer the liability to another person.
CPD
The events qualifies for up to 60 minutes of Structured CPD accredited by CII and CISI, and by the end of the session you will be able to:
- Evaluate who’s liable for bond gains.
- Identify when to use assignments to transfer the liability to increase tax efficiency.
The live event was on Tuesday 4 March 2025
About the Event
We looked at tax calculations for individuals and non-bare trusts, top-slicing relief, deficiency relief, time apportionment relief, and paying the tax.
CPD
The events qualifies for up to 60 minutes of Structured CPD accredited by CII and CISI, and by the end of the session you will be able to:
- Calculate the tax liability for individuals and non-bare trusts.
- Understand the mechanics of top-slicing relief, deficiency relief, time apportionment relief and when they’ll apply.
About the Event
We talked about ‘bits and bobs’ including Deed of Assignments by way of gift, bonds and the financial assessment for long-term care, the Trust Registration Service and cancellation rights including when trusts are involved.
CPD
The events qualifies for up to 60 minutes of Structured CPD accredited by CII and CISI, and by the end of the session you will be able to:
- Identify when it’s appropriate to use a Gift Assignment.
- Understand the basics of why bonds can be disregarded in the financial assessment for Long Term Care
- Identify when chargeable events on bonds impact Trust Reporting Service obligations
- Evaluate the impact of exercising cancellation rights.
- Describe the self-assessment requirements for individuals and trustees.
The live event was on Tuesday 18 March 2025
About the Event
The first six sessions of Bond School covered the key features and tax aspects of insurance bonds to help you get up to speed or refresh your knowledge about the mechanics of bonds. In this session we pull it all together to take a look at the big questions to answer when looking to use bonds in financial planning.
CPD
The events qualifies for up to 90 minutes of Structured CPD accredited by CII and CISI, and by the end of the session you will be able to:
- Describe when an insurance bond wrapper could improve client outcomes
- Evaluate the relative merits of onshore vs offshore
- Identify when different types of trust may find bonds the best options
The live event was on Thursday 20 March 2025
Our Speaker
Barrie Dawson
Technical Manager, M&G
Barrie joined Prudential in 1997 and held roles in New Business and Customer Relations before moving to the Technical Team in 2008 where he specialised in tax and trust planning.
In 2013 he moved to Prudential Financial Planning and his role there was to audit the suitability of investment, pension and trust planning recommendations as well as providing the financial advisers with technical guidance.
Barrie rejoined the Technical Team in 2015 and now specialises in tax, trust and pension planning, and is working towards the Advanced Diploma in Financial Planning.
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