Andy_Schleider

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Andy_Schleider
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  • If you do track your time, make sure you hit the start button when you start and the finish button when you finish. Trying to work out after the event what time you have spent on various tasks never works!
  • Remember if you're aiming for Chartered you will need to pass AF5 (the compulsory paper)
  • We tend to use scatter plots which assess volatility against performance rather than performance in isolation, as this gives a more rounded picture of whether the fund offers value for money, or whether too much (or too little) risk is being taken …
  • I've had this very problem. Back in 2016 the postponement period was 3 years. As I was getting towards the end of the 3 year period I discovered to my dismay that the postponement period had been extended to 5 years. I guess you could speak to Cu…
  • I agreed to do that work as a standalone piece as there was no guarantee that it would lead to anything further. For IFAs, I agree that it should form part of their service proposition, but I'm not going to turn work away from a client if it's ju…
  • One of my clients wanted a cashflow model done. At the time it was a standalone piece of work, so I charged for it. The case did actually progress to further work, so the fee I charged for the CFM was deducted from the final invoice
  • I'd be interested in this as well - I need to do some sums but I might be better off hiring someone than paying a freelancer and something like this would be useful as although both directors speak to applicants (she's a much better judge of charact…
  • I understand that Expert Pensions provide a complete solution for R01, so all you would need to do is book the exam. I would speak to Gayle or Caroline and have a look at the website: https://expertpensions.co.uk/cii-r01-financial-services-regula…
  • I use OneDrive to exchange client info, but email/phone to exchange messages. Probably not the best solution, but works at the moment, although I fully expect this to be found wanting when I expand and take on more staff, so I'd also be interested …
  • With some of the exams I bought the CII exam style questions. I found it really useful for the ones I got wrong as it flags the area of the study text where that subject is covered. I don't know if other companies' material does this so can't sp…
  • Best to go with what your compliance people suggest!
  • The costs comparison looks at taking full benefits vs transfer - the income in the event of a transfer will still be a variable sum, even though it is underpinned by a guaranateed element. I'm reviewing such a case at the moment, and happy to cha…
  • Someone I work with does all the work - they would look after the client through the whole process and pass them back to you when the work is done. If you want me to put you in touch, please send me a message
  • Using 12.381 as the comm factor, I got £133,952 PCLS and £20,093 reduced income. There are a couple of calculations for this. The 'easy' way is: max pension x CF / 1 + (0.15 x CF). This gives you the PCLS. To get the reduced income you divide …
  • I would say 15, and it works back the other way too (using 15 as the CF)
  • The commutation factors given by the scheme were completely different to those used on the early retirement quote, and I had to play around with the TVC to ensure the figures on there were correct (and matched the numbers on the quote). I had alrea…
  • Thanks - that's exactly what I'm looking for
  • If the investement selection is clear at outset then I would add the funds. As to whether all/all is selected, that is down to individual firm preference I think. You do need to be a bit careful though with adding funds, as I wiped out all the c…
  • shock not Amazon Smile @DanAtkinsonUK ??!!
  • I don't really have a set allocation - for example with my Aviva pension I redirected the premiums by altering the percentages rather than the funds until fairly recently when I dumped a couple off that were never really going to perform well and pu…
  • I have a bit of a mixture: I invest a fair amount each month into my Fidelity S&S ISA, in the Artemis US Select. I withdrew a quarter of the investment a few months back and it's more than made back what I took out. My pension has been consol…
  • Can you tell us what it is you are doing? I'm an outsourced paraplanner and I don't have (or see the need for) PI insurance. It's not my name on the advice report; I'm simply providing the service but it is the advice firm's responsibility to ensu…
  • When I did R04 I bought the CII question banks which were a great help. Although I was panicking 24 hours before the exam, I think the question bank questions (at least for me) were harder than the exam itself. I assume that as it's online you can…
  • Hi Colin For me, something like a model portfolio is actively managed, and the charges you pay are a reflection of the active management. The governed portfolios (for example) are passive offerings, so you pay much less for them. The interest…
  • I like https://kahoot.com/. You can use one of the already created quizzes or make up your own. You need a smartphone and a video call on a separate device, and the quicker you answer, the more points you get, plus you have an ongoing leaderboard.…
  • Hi Dan I've asked my contact if they know anything about this. They told me that the Dutch regulator is very strict (similar to the FCA). Also, if the fund is a UCITS fund, you should be safe as these are regulated at EU level and distributed a…
  • Hi Ted Glad to be of help. Does your company prohibit you from doing anything in addition to your main job, ie could you do it on a self-employed basis to start with? I think my previous job had a non-compete clause, but that was around working…
  • Hi Ted Firstly, welcome! I'm a relatively new outsourced paraplanner, so have been through the initial costs and the company has been debt free for some time now. I actually set up my company while I was still employed, and did some freelance…
  • To be fair, they both had experience. However I am sure there are more established companies that may be looking for people they can train and put through exams. I have heard of one company that are looking to possibly hire in January and another …
  • @Yonkers420 said: Yeah or even googling "ifa admin, your location" usually turns up some results or you could even contact some local IFAs directly and see if they're hiring. Or other outsourced paraplanning firms. You never know what mi…