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Workshops to help with FSAVC review

The Pension Advisers Support System is holding a series of workshops to help IFAs complete the free-standing AVC review.

The four workshops, designed for smaller PIA-regulated IFAs, are intended to help IFAs complete the pension top-up review on time.

They will be held in Edinburgh on November 14, Man chester on November 17, Lon- don on November 20 and Birmingham on November 22.

Pass says they are “workshops, not talking shops” and delegates are asked to come armed with their questions and queries.

It says since the FSAVC review was announced, it has been inundated with enquiries from IFAs seeking help with organising their review work to meet the requirements.

Sheffield-based Pass urges IFAs who have not comp-leted the first stages of the review – population identifi-cation and mailing investors – to get in touch.

Other assistance that Pass is offering with the FSAVC review includes a guide, helpdesk, healthcheck and loss assessment service.

It is also currently look-ing at the feasibility of inclu-ding FSAVC cases withinthe existing loan schemethat it runs.

Pass manager Derek Warner says: “The FSAVC review is every bit as critical as the pension review and, whilethe FSAVC population may be smaller, the regulations are just as rigorous and the penalties for non-completion just as severe. With just over 18 months to go until the final deadline, it is vital that IFAs get it right.”

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