This examination assesses a knowledge and understanding of the Government’s simplified pension taxation regime which came into full effect on 6 April 2006 (A-Day). Eight tax regimes for pensions were reduced to one, radically affecting planning and transactions.
This examination assesses the candidate to develop in depth financial planning skills related to personal and corporate pensions.
This examination assessed a knowledge and understanding of the UK tax system, the law and practice of trusts, but also an ability to advise individual clients on the tax treatment of their investments and the use of trusts to meet their current and foreseeable future needs.
To achieve DipPFS individuals must achieve 140 credits. At least 80 credits must be at Diploma or AFPC level.
This examination assesses the candidate to develop an understanding of the financial planning process when giving advice to clients.
This examination assessed a knowledge and understanding of investments and an ability to advise individual clients on the construction of investment portfolios to meet both their current and foreseeable future needs.
At the end of this unit, candidates should be able to demonstrate an understanding of the: process of decumulating pension funds and the main issues for clients and advisers; main choices facing members of pensions schemes during decumulation; features, risks and tax treatment of the secured pension option; features, risks and tax treatment of the unsecured pension option; features, risks and tax treatment of phased retirement; features, risks and tax treatment of the alternatively secured pension option.
At the end of this unit, candidates should be able to demonstrate an understanding of the: main tax and legal frameworks that govern the accumulation phase of building up retirement benefits under registered pension schemes; features of defined contribution and defined benefit pensions; choices faced by early leavers and use of transfer value analysis; State retirement benefits available, including the risks and suitability of contracting out of the State Second Pension.
This exam accesses understanding of the financial services and their regulation.
This exam accesses understanding of protection, savings and investment products.
This exam accesses understanding of identifying and satisfying client needs.
We are a modern, experienced team providing financial advice to individuals and businesses in Nottingham and surrounding areas.
Mark Truman our principle entered financial services over 20 years ago after gaining a degree in both Astrophysics and Physics from Leicester University.
He started his financials services career as a paraplanner for one of the largest advisory firms in the country before taking consecutive consultancy positions for Royal London and AEGON, before leaving to set up his own practice in 2009.
In addition to his extensive commercial experience he is a Pension Transfer Specialist which allows him to deal with all types of pension advice. He also holds the highest qualifications in investments, taxation and trusts and holistic financial planning.
Mark is supported by a highly experienced and qualified paraplanner and administrational team who use some of the most up to date technology to help bring our clients the best available solutions.
We provide advice across a wide range of services including investments, savings, mortgages, protection and all types of pension and retirement planning
We are an independent firm directly authorised and regulated by the Financial Conduct Authority.
While unbiased.co.uk endeavours to verify the information
provided as thoroughly as possible,
it is your responsibility to ensure the adviser you choose is appropriate and regulated
for the business you are transacting.
Any decision to transact business is made by you on the basis of your own enquiries. To check that an adviser is regulated, you can contact the relevant regulatory or professional body.