Industry news and views from Panacea and our partners.
Fidelity Adviser Solutions
Fidelity Adviser Solutions: The new State Pension – buy now while stocks last?
The State Pension provides a guaranteed, index-linked income and so it’s essential that clients maximise this benefit, where possible.
Fidelity Adviser Solutions: Client getting divorced? Don’t let them forget their pension
Since the introduction of DIY divorces, the number of pension sharing order applications has fallen sharply. The concern is that individuals, particularly women, could be worse off if they go down the DIY route. Why are pension sharing orders so important and why should clients ensure their pension pots are part of any divorce settlement?
Fidelity Adviser Solutions: The annual allowance charge and Scheme Pays requests
Fidelity Adviser Solutions take a step-by-step approach to calculating client’s annual allowance charges and explain the two types of Scheme Pays, mandatory and voluntary. They also run through the process and deadlines for Voluntary Scheme Payments with their Pension.
Sustainable investing and the advice process
A changing regulatory and legislative backdrop has led to a surge in interest for sustainable investing. And Fidelity Adviser Solutions research indicates that interest in sustainable investing will, in all likelihood, accelerate further in the years ahead. Their guide covers all the key considerations when it comes to discussing sustainable investments with your clients.
Fidelity Adviser Solutions: The annual allowance charge and Scheme Pays requests
Paul Squirrell, Fidelity Adviser Solutions’ pension expert, takes a step-by-step approach to calculating clients' annual allowance charges and explains the two types of Scheme Pays, Mandatory and Voluntary. He also runs through the process and deadlines for Voluntary Scheme Payments with Fidelity’s Pension.
Fidelity Adviser Solutions: The Consumer Duty and the impact on advisory firms
If you missed Fidelity Adviser Solutions' webinar last week you can now watch it.
Fidelity Adviser Solutions: Employer’s contributions and PCLS recycling rules
Fidelity Adviser Solutions’ pension expert, Paul Squirrell, runs through a case study on whether Pension Commencement Lump Sum (PCLS) recycling rules only apply for personal contributions. In other words, are employer contributions excluded for PCLS recycling purposes? For further information go to your Pension Forum.
Fidelity Adviser Solutions: Scheme Specific PCLS greater than 25%
Fidelity Adviser Solution’s pension expert, Paul Squirrell, runs through a case study where a client has a Scheme Specific PCLS greater than 25% and the total pension benefits that will come into payment exceed their available LTA. What will the maximum allowable PCLS therefore be?
Stronger pension nudges: final rules and guidance
The FCA's final rules and guidance for firms on the stronger nudge to Pension Wise guidance (PS21/21) came into effect on 1 June 2022. Here Fidelity Adviser Solutions look at who is affected by the new legislation, when Individuals need to be “Nudged” and when they don't. They also explore what actions need to be taken and what this means for you and your clients.
Webinar: The Consumer Duty and the impact on advisory firms
The FCA is proceeding with the implementation of the Consumer Duty principles over the next few months. The rules would set clearer and higher expectations for firms’ standards of care towards consumers. Any changes needed to comply with these new standards will have to be in place by 30 April 2023.
The Pension Forum: helping build your technical knowledge
The rules relating to pensions can be incredibly confusing given the complexity of the Pensions Tax Manual.
Fidelity Adviser Solutions partners with Origo’s Integration Hub
Fidelity Adviser Solutions are delighted to have partnered with the Origo Integration Hub providing Straight Through Processing (STP) for account opening and trading services. The partnership enables you to streamline the process by saving time, reducing costs, and mitigating the risks associated with the re-keying of information.
Fidelity Adviser Solutions: The annual allowance charge and Scheme Pays requests
Fidelity Adviser Solutions take a step-by-step approach to calculating client’s annual allowance charges and explain the two types of Scheme Pays, mandatory and voluntary. They also run through the process and deadlines for Voluntary Scheme Payments with their Pension.
Fidelity Adviser Solutions : Lifetime allowance – making sure you have the correct allowance
Paul Squirrell, our pension expert, discusses some important considerations around the initial phase of LTA planning, on establishing the client’s individual lifetime allowance. He illustrates how good advice may mitigate any potential tax charge.
Fidelity Adviser Solutions: New: Tax tables 2022/23 available
Fidelity Adviser Solutions' 2022/23 tax tables are now available, with all the rates and thresholds for the coming year. Make sure to download your copy.
Fidelity Adviser Solutions: Searching for safe havens
Higher inflation and reduced growth will be among the global economic impacts of the tragedy unfolding in Ukraine. Fidelity Global CIO Andrew McCaffery and other senior members of their investment team discuss the options for investors looking to build resilience into their portfolios in the current environment.
Fidelity Adviser Solutions: Supporting you with your due diligence
To help facilitate your due diligence, or if you're new to Fidelity Adviser Solutions, their guide gives a quick overview of how they support adviser firms. It covers everything you need to know about their offering and includes details of their latest enhancements and new developments. Download 'Building a partnership together'
Fidelity Adviser Solutions: Tax year end planning for ISAs and Investment Accounts
Tune in to hear a discussion on the financial planning considerations relating to ISAs and Investment Accounts as we approach the tax year end.
Fidelity Adviser Solutions: Investing in uncertain times
Recent events have served a timely reminder that from time to time financial markets can and do experience bouts of heightened volatility. With this in mind, visit Fidelity Adviser Solutions’ online hub and take a look at their range of interactive tools, videos and volatility aids that you can share with your clients to highlight some key evergreen investment principles.
Fidelity Adviser Solutions: Planning considerations for the tax year end
As we are nearing the end of the tax year, Fidelity Adviser Solutions’ checklists provide an easy-to-use framework, highlighting financial planning considerations for Pensions, ISAs and Investment Accounts.
Fidelity Adviser Solutions: Using technology to manage regulatory change
Join Fidelity Adviser Solutions’ virtual discussion on 17 March 2022 with Chris Davies of leading RegTech provider Model Office. They’ll discuss the current regulatory climate and the many new initiatives that will impact advisers. They’ll cover the new Consumer Duty, outcomes-focused regulation, the financial promotions review for high-risk investments and more.
Fidelity Adviser Solutions: Using technology to manage regulatory change
The regulatory burden on advice businesses continues to grow and grow. Firms are therefore increasingly using technology to help them meet their compliance obligations.
Fidelity Adviser Solutions: The FCA’s strategy for positive change
Environmental, social and governance (ESG) matters are high on the regulatory agenda. Indeed, the FCA believes the financial sector has an important role to play in helping the economy adapt to a more sustainable long-term future. Here is an overview of how it intends to support the industry drive positive change.
Fidelity Adviser Solutions: Tax year end checklists - your financial planning framework
Fidelity Adviser Solutions have designed checklist to help highlight financial planning considerations for Pensions, ISAs and Investment Accounts when approaching the end of the tax year.
Fidelity Adviser Solutions: Make online safety your priority
Fidelity Adviser Solutions’ cybersecurity hub includes a number of checklists and support guides to help you and your office ensure you stay safe online.
Fidelity Adviser Solutions: CII AF1 exams are fast approaching
For those of you - and colleagues - taking the AF1 exam next month, why not check Fidelity’s video training resources with industry expert Sue Cox. The series includes six personal tax and trust planning videos relating to income tax calculation, Capital Gains tax (private residence relief, chattels and losses), pension and gifting contributions as well as a popular video on exam techniques.
Fidelity Adviser Solutions: Cyber security: a core concern for advice firms
More and more advisory firms view cyber security as a top business challenge. Our report looks at certain key measures that can be taken by all firms to address the biggest risks.
Fidelity Adviser Solutions: Sustainable Investment Finder
Fidelity’s Maike Currie and Julia Dreblow of SRI Services discuss how Fidelity’s tool could help to identify potential fund solutions, whatever a client’s sustainable outlook may be.
FundsNetwork: Tax year end 2022 webinar: helping you every step of the way
The build up to tax year end remains a key period, as you meet with clients and help them maximise valuable pension and ISA tax allowances. Fidelity FundsNetwork are here to help you every step of the way and they’d like to kick start 2022 by inviting you to a webinar to show you all the support they have available.
FundsNetwork: Ensuring clients receive the highest possible State Pension
As all those involved in retirement planning will know, every penny counts when it comes to generating a pension income. This makes the recent news that, according to the DWP’s own estimates, as many as 134,000 people in the UK may have been underpaid their State Pension particularly cruel.