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 well-established independent financial planning firm with more than 75 years of combined experience. When you work with us, we’re instantly dedicated to understanding your personal needs and tailoring our multi-layered approach to help you meet your financial objectives.
We are committed to helping all of our clients meet their goals and objectives through comprehensive financial planning. Our specialist team of financial advisers work closely with all clients to help them create a bespoke financial plan and build a professional relationship that is trustworthy and honest, using years of combined industry experience to achieve a positive outcome.
We treat all our clients with the utmost integrity, which includes providing financial advice that is compliant with the ongoing regulatory standards set by the Financial Conduct Authority, with whom we are directly authorised.
We provide advice across a wide range of services including but not exclusive to: -
• ISAs and investments
• Pension consolidation
• Drawdown and annuities
• Life and ill health insurance
• Estate and inheritance tax planning
• Financial planning
We are an independent firm directly authorised and regulated by the Financial Conduct Authority.
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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.