richardgough
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Legislation as drafted does allow for an inheritance via an IPDI beneficiary to make use of transferable RNRB on subsequent death, which is logical. If the trust is discretionary then transferable RNRB is NOT available. The obvious complication is …
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Emma Do you want to consider funds which hedge as a matter of course (and so typically have hedged in the fund name) or are you looking for funds which may be hedged from time to time depending on managers view? Former easier to search for; later …
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I believe 2 is correct. You have current cost of SIPP (including all investments) plus current cost of PP. The potential new situation is SIPP with current and new investment; therefore the marginal cost of the SIPP is the additional costs incurre…
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It is going to be a discounted value of the sum assured. What is the current sum assured? The level of discount is going to depend on what 'poor health' means. The value is what a willing buyer would pay for this policy - so taking into account the …
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I believe that the issue here is that you are looking at passing the death benefits into trust. The trust is NOT an individual and this is important. 2015 summer budget introduced: With effect from 6 April 2016, (provided that the draft legislation…
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Whilst R01 has to be done personally I would do it towards the end as it is so dull! Pick one of the papers you feel strongest about to start with - getting a pass first time is always going to spur you on to greater things. When you've got your di…
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Try Jamie Morgan at Alltrust as well. The key issue with non-standard assets is avoiding the potential of taxable property. Jamie's number is 029 20772970. In my experience, if it can be done Alltrust will do it; if they say it can't then that is pr…
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TVAS was designed to enable a comparison of future scheme benefits to what an alternative pension plus 'standard' annuity would give - albeit the entire TVAS process is subject to numerous flaws. Where an immediate benefit is being taken then a com…
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Have used both extensively. Not used Truth now for about 2 years so cannot comment on any more recent revisions / upgrades. Both can require masses of detailed input or you can significantly reduce the amount of input - depends on how much detail yo…
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Have to say I was never convinced on these. First started to see them when we saw changes to CGT becoming effectively part of income (now back to taxed almost on its own merits). A number were produced by life offices which tended to "skew" the answ…
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Sue, From your post I presume that the adviser works for one firm and you another - have I got that right?
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Always (nearly) a science behind my figures! The 152% arises from a goal seek. Seek the growth rate needed in Cell B23 such that the value in B45 matches the value in B31. What this means is that in the 45% tax now, 40% tax alter situation a pensi…
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That is also reassuring for me!!
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used, not sued!!!
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I've now done the excel calcs (attached) Unless you can deliver at least a pension investment return of 92% more than the personal investment (the time period is not relevant) then the client is better off overall taking he excess contribution as a…
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Hi Jamie, Generic 'advice' is of course nigh on impossible for this area (isn't it always!). In simple terms let us assume that a client has the option of having employer only contributions. Let Employer Pension contribution =…