Current Pensions and Finance Issues
Revised and up to date for 2024/25. Designed to get you up to speed with current pensions and finance issues, this course discusses the impact of recent changes to key areas including the upcoming state pension age increase, inheritance tax, and pension freedoms. It will also introduce you to automatic enrolment and various pension tax reliefs.
£100 +VAT
Current Pensions and Finance Issues
£100 +VAT
Current Pensions and Finance Issues
This course is not currently available. To find out more, please get in touch.
This course will enable you to
- Familiarise yourself with key themes and future proposals surrounding current pensions and finance issues
- Understand the current UK State Pension scheme
- Calculate the amount of the State Pension
- Explore the different pension freedoms that are currently available
- Effectively guide clients by recognising the key concepts and future of automatic enrolment
- Summarise the various allowances for pensions tax relief
About the course
Revised and up to date for 2024/25. In recent times, pensions systems and the legislation that governs them have undergone a dramatic upheaval, and savings are more vital than ever. With automatic enrolment and pension freedoms constantly evolving, the abolishment of lifetime allowance, and big changes to inheritance tax on the horizon, clients and employers will require advice in an increasingly technical area.
This course will get you up to speed with recent changes, as well as serving as a roadmap for upcoming developments. You will learn about automatic enrolment and the various allowances linked to pension contributions, and you will be able to advise on available reliefs. Having completed this course, you will be able to confidently provide assistance on a subject that’s on everyone’s minds.
Please note: This course applies to pensions in the the United Kingdom only.
Contents
Pensions themes
The importance of understanding pensions
Emergency savings and tax relief
Enough for retirement?
Possible future proposals
Pensions jargon buster
The state pension
The single-tier state pension
The triple lock
Increasing the state pension
State pension age
Sustainability of the state pension system
The issues with the state pension
Out with the old
Deferring, boosting, and changing
Winners and losers
Recent changes and their benefits
Pension freedoms
Pension freedoms and investment markets
The rules for pension freedoms
The money purchase annual allowance
Allowance changes
Understanding lifetime annuity
Pension income drawdown
Flexi-access drawdown
Pension death benefits
Passing on death benefits
The impact of pension freedoms
Automatic enrolment
Understanding automatic enrolment
The key concepts of automatic enrolment
Technical and compliance issues
Scheme options for employers
Choosing a certification rate
The Pensions Regulator
TPR and automatic enrolment
Directors and limited liability partners
The future of automatic enrolment?
Net pay arrangements
Pension tax relief
Key findings on pension tax relief
Tax reliefs to be aware of
Understanding annual allowance
High earners
Salary sacrifice
Salary sacrifice and pension provision
Personal allowance
How it works
Author
Rob Weaver
Rob Weaver BA (Hons) Has worked in the finance industry for over 25 years. He is a former Senior Pensions Consultant at a leading pensions provider. He currently works on a number of consultancy, training and coaching projects including the Level 7 Accountancy Apprenticeship (ICAEW, ACCA, CIMA) through Reed Business School.
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