View more on these topics

CPD Briefing: FCA’s RDR findings, ‘High-risk’ tax avoidance defined

The latest edition of Newsbrief counts as 1 hour of structured CPD and covers the regulatory and marketplace changes which took place during August. Visit the Money Marketing CPD Centre to answer 10 multiple choice questions and complete this CPD activity.

Just click into your CPD Plan and you’ll find each month’s marketplace changes round-up in your activity list.

Not yet registered? Join for free today at www.ifacpd.com and access over 35 hours of independent, accredited CPD learning content.

Learning objectives (full list of ApEx standards covered below)

Learning objectives

By reading this edition of Newsbrief and completing the MCQ test online you will be able to:

  • Keep up to date on the regulatory and market changes that have taken place during August
  • Understand the scope and implications of the FCA’s investigation into staff remuneration
  • Understand the FCA’s interim findings on RDR implementation
  • Keep up to date with how RDR may be affecting the number of advisers in the UK
  • Understand the implications of the latest GDP figures
  • Keep up to date with the latest changes to VCT buybacks
  • Understand why GDP growth has not yet been reflected in government borrowing figures
  • Identify the key factors that may lead the Treasury to categorise a firm as ‘high risk’
  • Understand why the OTS wants reforms to employee benefit taxes
  • Understand how the Supreme Court’s recent findings affect TPR’s powers
  • Identify the key advantages and disadvantages of income drawdown
  • Understand the responsibilities of advisers acting on behalf of protection consumers

Contents

Financial services regulation and ethics

Investment principles and risk

Taxation

Pensions and retirement planning

Financial protection

ApEx standards covered in this edition of Newsbrief:

ApEx
Subject area Learning outcome and indicative content
Financial services regulation and ethics How the retail consumer is served by the financial services industry
  − Obligations towards consumers and their perception of financial services
  The regulatory advice framework in practice for the consumer
  − Client relationships and adviser responsibilities
Investment principles and risk The macro-economic environment and its impact on asset classes
  − The key economic indicators
  The characteristics, tax treatment, inherent risks and behaviours of investment products
  − Collective vs direct investment
Taxation The UK tax system
  − UK tax compliance
  The relevance of tax to individuals and trusts
  − The impact of taxes on individuals, trusts and their investments
Pensions and retirement planning The law and regulation of pensions planning
  − Pension protection schemes
  The aims and objectives of retirement planning and relevant investment issues
  − Alternative solutions for pension income
Financial protection The range, structure and application of life assurance and pension-based protection policies
  − Underwriting

Recommended

2

‘Watch this space’: Labour signals further pensions tax relief reforms

Shadow pensions minister Gregg McClymont has signalled Labour will propose reforms of pensions tax relief before the next general election. Speaking at the Labour party conference in Brighton today, McClymont said the debate on the future of pensions tax relief will continue and to “watch this space” for Labour’s proposals. Earlier this year, the Pensions […]

Money-Cash-Coins-GBP-Pounds-UK-700x450.jpg

Bridging lender Tiuta to enter liquidation

The administrators of Tiuta plc have begun to place the bridging lender into liquidation. Creditors have passed the resolution to put Tiuta into liquidation and the lender will be liquidated once Companies House has been notified.The firm was placed into administration in September last year, although the administration order expires on 27 September 2013. Tiuta […]

Davis-Martin-700x450.jpg

Ex-Cofunds boss Martin Davis to become Kames Capital CEO

Former Cofunds chief executive Martin Davis is to become chief executive at Kames Capital. His appointment follows changes to the senior leadership team at Kames announced in March, which saw joint chief executive and chief investment officer Andrew Fleming step down and the separation of the chief executive and chief investment officer roles. Stephen Jones […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com