Oldhandnewhand
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- Oldhandnewhand
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@Nath said: 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% a…
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"You have held a workplace pension for several years " I'm not taking a pop but ENGAGEMENT with something isn't neccessarily any indicator of actual perceived "experience". I once had to do a case review and identified a likely missale of persona…
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Or take background inflation out and just use real rates which of course will result in some asset classes such as cash incurring capital loss; doesn't the approach really depend on what you want to express not of course forgetting the capacity of t…
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When HMRC had its own website it provided information at three levels of detail, the gov.uk is the even "dumber and dumber" version almost designed to lead astray by omission, go staright to the Manual, this might help https://gov.uk/hmrc-internal-m…
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and in any case the client really cares
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I failed spectacularly yet was writing for virtually the entire time, my impression is that the aim is to apply minimal "planning" in the responses and it becomes a test of the technique to simply write what may be pertinent, a practice in speed mor…
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@arongunningham said: My brain's not working today. A married couple have an IHT issue and would like to consider gifting £200,000 to their adult child. I don't believe a joint-PET is a thing. So, in fact, a nomination will need to …
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@Jona said: Yes looking at that too £44K+ per annum premium (before underwriting!!!!) to insure the current liability. PETs are across 2 children and 7 grandchildren so multiple gift inter-vivos on future PETs (if we go down that ro…
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@Oldhandnewhand said: @Pedro said: Hi, Thanks for responding. 1) where are they tax resident - Both UK 2) how long have the been in France and 3) where is the property situate The property is a …
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@Pedro said: Hi, Thanks for responding. 1) where are they tax resident - Both UK 2) how long have the been in France and 3) where is the property situate The property is a french holiday home, which they've held for c10 ye…
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@Sam said: Hi all! The Powwow yesterday was brilliant and it was really great to meet so many new people! After listening to the interesting lunch-time chat with Richard/Ben/Aleks/Nathan on outsourced paraplanning, I thought of a …
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Assuming you are referring to two British nationals: 1) where are they tax resident 2) how long have the been in France and 3) where is the property situate
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@richallum said: Thanks @Jenni The GIP sounds useful although the £250k max is an issue for me as we want to start with £6m! I'll let you know if I find anyone doing it. How about going to Lloyds?
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@Jenni said: Coming back to this one, if a client crystallised benefits of £576k in 2007/08 with an LTA of £1.6m, then opted for Fixed Protection 2014, I assume the 07/08 crystallisations would still be tested/recorded as being against the higher…
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@Wildcherry said: Hi everyone, I am aware of the annual allowance, tapering, carry forward etc... I am just getting my head around what is stopping someone making a large lump sum contribution to their pension (say £500,000), get th…
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I should have added that if a policy is extant he could assign it, again with consequences including of course, as with with grantee at outset route, HE would not HAVE a life assurance policy but merely be the life assured.
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@DanAtkinsonUK said: I'm also wary of calculators where you can't check the workings. I also wanted to ensure that I understood (as best I could) how all the bits and allowances etc linked together. So I built one in excel based on how I would wo…
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Oh for the days of add everything in order and uniform tax rates, no taperred allowances or tax reducers.
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Simple answer, where in a life assurance policy is a "benficiary" named? It WOULD have been possible for her to have been the grantee of a policy on her husband's life, no need for or applicability of a trust although that does lead to other issues.
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@Jona said: Mum & Dad are buying a holiday home. Want to add daughter as tenant in common (say 50% M&D, 50% daughter) as a gift to her for IHT planning. So if they all want to use the property as a holiday home - is there any gi…
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@Ashwalsh95 said: How's everyone feeling? My biggest worry is the model answers are bullet points with 4/5 words. Whether as the CII say most fail because of a lack of detail. How do you link general answers - 'Pros and cons of Empl…
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@StuartBFM said: " I find that I use the word that far more times than is perhaps necessary when writing reports and find myself deleting nearly all of them on a second read through." i find that I use the word "that" (being the object of…
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I'm reentering the profession after a long absence but used cashflow modelling in all life scenarios over twenty five years ago, we never arranged a life assurance for a round number and (as a then tied agent) placed tons of PHI/IPI, I'd say it was …