Nath

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Nath
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  • Off topic but that's brave doing an AIM portfolio yourselves, especially if for IHT purposes as not all AIM stocks qualify so some serious DD will be needed!
  • Hi Anna I too would be interested in the replies to this. I am just about to take over the 121/appraisals at our firm for our paraplanner and administrator. We have a current process but it could also do with improving. Each member has their o…
    in Staff Appraisals Comment by Nath July 30
  • Useful thanks all
  • I use a combo of manual calcs initially then checking this via the Pru tapered/CF calculator and also the Cashcalc one. I find it easier to plug into the Pru one first to get each years taper/CF etc and then you can plug it all into the cashcalc on…
  • Not quite what I was after to be fair but thank you. Was looking for a real in depth one based on what type of cases, number of plans, complexity with IF formulas showing if you select a number of plans it puts set times in etc or type of case i.e …
  • Yeah same for me with allocation, time is on my side so global equities all round. I've just gone cheap and simple with globally diversified trackers. Didnt want lifestrategy purely due to overweight UK exposure.
  • Thanks for replying Andy. So you are definitely in the active/stock picking camp then based on those choices. What do you normally base your choices on and what allocations etc if you are choosing funds. Its interesting that you are putting all of y…
  • They have calculated the emergency tax correctly. As Irene has mentioned it will be calculated on a month 1 basis so they are only using 1/12th of the allowance: So for £30K it would have been done as [email protected] £1041.67 at 0% = £0 tax (being 1…
  • Not sure if you are using cashflow but we use Voyant and this has many capacity for loss features to assess this vs the actual plan itself. Voyant Go also has a useful insight report showing the maximum loss the plan could take. We use FE and I ha…
  • Very limited use (only 1 client on there) but still not a pleasant experience for us.
  • Agree with Ben, sounds like he is churning as he is doing it purely because the clawback period has ended and for no other reason. Have the clients circumstances changed? Was the original policy ever suitable if its being replaced every few years?…
  • @parawhat said: I've seen this type of practice in a number of firms. It's lazy financial planning in my opinion. From a compliance point of view, I'd be concerned about having a case on the books where we'd made the initial recommendation to tak…
  • Thanks Jona. I saw a number of TIPs quite a few years back but first one in a while. I can't see any Chargeable Gains issues on the offshore bond as within the SIPP but couldn't find anything online. My thoughts exactly surrounding the AXA link…
  • Thanks for clarifying @richallum
    in Vanguard SIPP Comment by Nath March 2020
  • @richallum I saw on twitter someone had called them to confirm if ER contributions were accepted and they said it was? Have you contacted them?
    in Vanguard SIPP Comment by Nath March 2020
  • It will be useful for a certain section of the market no doubt. Fees as expected low as well. Will be interesting to see what it offers from a drawdown perspective and not just the options but how functional it is.
    in Vanguard SIPP Comment by Nath March 2020
  • They all their own employee management charge usually but this might help: https://thepeoplespension.co.uk/compare-auto-enrolment-workplace-pensions/ If NEST just removed the 1.8% initial charge on regulars it would actually look okay!! I would i…
  • I think the key with it especially when showing the impact on cashflows is the link to inflation in relation to the growth of assets. Our forecasts for cash in Voyant are 1.5% below inflation and for Pensions/Investments we go 1.5% above inflation …
  • Do you use Voyant? There may be some limitations, but it should be able to plug in the numbers inc salary exchange and give you a clearer picture. I agree, first thoughts though no brainer to continue and get the employer conts. 75% of something …
  • https://www.gov.uk/guidance/pension-schemes-protect-your-lifetime-allowance#check-your-existing-protection Follow this once set up and should be easy to find
  • I agree with everything you are saying but we compare as per your second scenario showing the new transaction cost. We know its not like for like and unfair but this is the world we live in (and what a mess it is). As you say, the transaction cost…
  • Yep Voyant does this and we have looked at this on many cases. Also with a view to taking more from the pension but being taxed on this from an income perspective but reducing the LTA charge. To be honest, there is not usually much in it and we ba…
    in LTA vs IHT Comment by Nath January 2020
  • It could be a big firm/small firm thing as the larger firm I worked for previously most certainly wouldn't offer this. I can imagine with hundreds/thousands of staff that could get costly!! Same reason why the smaller firm I work for now didn't go…
  • Lol, it now sounds like a brag based on those replies @Jona and @Andy_Schleider However, it wasn't meant to be at all. It was purely to see what others are offered in their roles to get a gauge on how generous or otherwise it was. The phone one…
  • Yep, employer pays for me. As an addition, what else does your employer pay for/provide in the way of benefits? It would be interesting to see what the standard is. Mine pays for the following: * CII Membership * Mobile phone (as I alwa…
  • You could do both AF6 and AF8 if you wanted to that's not a problem. I haven't done either but now achieved Chartered but looking at possible AF6 for my own progression now I am in the management side of things too. I don't think anyone can answer…
  • @richallum We used to predominantly use Select-a-Pension for projection comparisons for pensions but now use cashcalc for RIY comparisons and our own in house sense check on this too for all replacement business. We then put a table in the report s…
  • @Abbas78600 said: Hey guys help me out I have been on RO1 for a year now failed 7 times last time I missed out on 2 marks, its stressing me out I was thinking of doing ro3 and ro4 and then come back to ro1. I have got ro5 and was just t…
    in R04 Comment by Nath December 2019