arongunningham
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Brilliant thank you! I did a random google search for this and The Big Tent came out tops
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@Suse1969 Did you find the answer to this?
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Maybe they should give the property to the son, that'll help?
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1 right answer is worth 2%. The only time that's different (depending on how you see it) is when there's a multi-answer question. It's still 2% per right answer, but there are several in a question.
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Yes. Once you have the starting pension income value (this is the pension that the member would get if they retired now at normal pension age) multiply by CPI (2.8% for September 2017) then multiply by 16. Then you take the value, when known, …
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I've noticed this before, but I can't see/remember why this is the case. Sorry, i've come close to helping you but fallen at the last hurdle
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Is it a Suntrust one?
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@Nathan Do you know how to draw a TVC chart into a Word report? i.e. without using print screen so it looks better? The two bars is easy enough, but I don't know how to illustrate that bit in the middle that shows the difference.
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Generally, i'd say it's the classic 'if you live longer than the average Joe, you'd be better off using Scheme Pays'
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There will be a factor, like how commutation is calculated in some schemes in exchange for Tax-Free Cash. The only way to really be able to answer the question is to ask the administrators what the factor is for the scheme in question. In my expe…
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Thanks, yeah I think you're right. There's no point in using something which is now at least a year old. (i assume all the 'off-the-shelf' risk profilers update their AA periodically).
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Hopefully, it'll become less aggressive than they appear to be currently
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Sorry to bring up an old thread (I wasn't sure if it was better to start a new?): Our compliance company have said 'subsequent years' disclosure is not necessary under MIFID II. currently, we have first-year charges and subsequent year charges…
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The font must be very small?!
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did you find out how they got it wrong?
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I don't think so. We have interpreted the rules to mean - at annual review - you specifically have to say everything is hunky-dory with the recommendations we made last year. I don't think you have to say 'why' they remain suitable again, just th…
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Thanks to you both. I am leaning more towards being able to deduct personal contributions from the DB increase. Although it doesn't really make sense since you're removing actual contributions from a formulated sum. Luckily, my case wasn't abl…
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Why is CISI seemingly such a shorter route after Level 4?
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The change to the new pricing model is 1 Oct FYI
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It's good. I recommend it. It's got many calculators besides the cashflow modeller (Carry Forward/Tapering, Bond Calcs etc etc). The only limitation on the cashflow is that it doesn't calculate ongoing tax positions, which the other more expensiv…
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I recommend using CashCalc for this (and many other calculations).
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I went for an interview at Tilney who gave me: * an English test (spot the errors in the passage of text) * a multi-choice test (like an RO exam in terms of format and difficulty) - 5 or 10 questions I think * a case study - read the factfind…
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You're right, a TVAS is required. The only time it's not is a transfer at NRD AND immediate crystallisation (and that's because the information you receive from a TVAS is for a future retirement date)
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I think it's because they think the receiving scheme are dodgy. If that's why they're doing it, I'd support this process. Don't forget this is a trust and the trustees of course have the right and responsibility to ensure what's happening with the c…
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I would assume someone with £2m knocking about is already using his savings allowance, but you know what they say about assumptions...
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I'm not an ultra expert like some people here. But I think savings allowance will only be in relation to GIA cash accounts?
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EDIT: Sorry I misread your message! You've got it right.... However, 1% of £600k isn't £600
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But the GIA will produce income too (this is not going to fall in the CGT regime). Even if the income is reinvested or held in ACC funds, it's still income and tax may still need to be paid on it.
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The GIA will produce income tax and CGT liabilities. For a higher-rate taxpayer that might mean less in a GIA - maybe just a float to fill ISAs? £1.65m in a Bond with 5% withdrawals means no immediate tax. Problem solved?