Following on from last week’s article, herein the second free Pension News bulletin from Paul Clark of Russelldene Consulting Ltd.
You can see the bulletin here.
I would draw your particular attention to the first article and the revised GAD tables and the impact this will have on reviews of capped drawdown on or after 6 April 2017.
I would also highlight the requirement for advisers to issue a prescribed HMRC letter to clients who hold non UK assets, investment or have non UK sourced income. This seems to include offshore bonds and failure to issue the letter may result in a £3,000 penalty per client.
For those who missed last week’s ATEB News, the first issue is available here.
There is normally a charge for this bulletin but for the first four issues, these will be provided free of charge via the ATEB newsletter. Thereafter, those interested in receiving the bulletin on an ongoing basis should contact ATEB for more information.
Can you advise on Shares?
Paul Jay Compliance 2018, FCA, MiFID, Pension, PI, protection, Register, Security, transfer
What do you do? Your client has inherited some (insert company name) shares and she asks you, as her trusted financial planner, what to do with them. Do you tell her that you don’t advise on individual shares and recommend that she goes to a stockbroker? But wait, that loses you credibility and might […]