Industry news and views from Panacea and our partners.
Fidelity Adviser Solutions
FundsNetwork: The State Pension: how clients can boost the amount they receive
For most clients, the State Pension will form an important part of their retirement income. It not only provides a weekly sum to those who qualify, it’s also guaranteed and increased by at least the rate of inflation every year.
FundsNetwork: Don’t let clients get caught by the lifetime allowance tax charge
The pension lifetime allowance (LTA) – and the planning that surrounds it – is far from straightforward. The amount has changed lots of times over the years and many more clients are affected by it than they once were. However, by ensuring that a client has utilised any LTA protection or available enhancements and by considering how these benefits are taxed, the impact may be reduced.
FundsNetwork: Will ESG be the new normal after COP26?
Paul Richards, Head of Fidelity FundsNetwork Distribution, brought two industry leading experts in investment together ahead of the COP26. They explored the likely impact the conference would have on the investment industry and what advisers need to do next.
FundsNetwork: Help with your due diligence
To help facilitate your due diligence, or if you're new to Fidelity FundsNetwork, they have a range of guides around their Pension, ISA and Investment Account. They've also created a checklist covering 12 security-related questions they recommend you ask your platform partner to help your due diligence around keeping your clients' data and assets safe. But if all you need is a quick overview, their one-page summary explains how they support adviser firms and includes details of their latest enhancements.
Fidelity FundsNetwork's Investment Outlook
Back in July, investors' hopes were high as they were looking forward to what the summer would bring as the vaccine programme helped to bring Coronavirus under control. Fast forward to the present day and the rose-tinted glasses are seemingly off. Tom Stevenson asks if we're heading for a discontented winter, or if there's still room for hope.
FundsNetwork: Using technology to make your business processes much more efficient
In continuation of their Adviser Support Programme, Fidelity FundsNetwork's latest webinar covers the following three areas: the emergence of APIs (Application Programming Interfaces)
FundsNetwork: Cybersecurity among top business risks for financial advice firms
Cybersecurity is among the top three business risks for large advice firms according to Nextwealth's Financial Advice Business Benchmarks 2021. The sophistication and frequency of scams increased dramatically through Covid making protecting clients and client data a priority for many firms.
FundsNetwork: Security-related questions firms should ask their platform partner
Is your platform partner using strong enough measures to protect your firm and your clients' data from cybersecurity threats? We've created a checklist to help your due diligence, along with a whole host of cybersecurity resources.
FundsNetwork: Helping your clients stay cyber safe at home, online and on the move
In an increasingly digital and online world, it’s important that information and data is secured and protected. The best way to ensure your clients stay safe online is to make them aware of the threats and know how to counter them.
FundsNetwork: Behind the industry headlines with Fidelity FundsNetwork's Donald Manning
Join Donald Manning, Fidelity FundsNetwork’s Retirement & Savings Development Manager, every Thursday for our weekly breakfast briefings.
FundsNetwork: COP26: Will ESG be the new normal for investing
Fidelity’s expert panel will explore COP26 and how advice and investment processes may have to change. They will debate the key questions, including; the key outcomes from COP26 that will directly impact Financial services. Will ESG investing become the mainstream, and how quickly will this happen? The hidden challenges that Advisers need to consider in client journeys.
FundsNetwork: Gender pension gap
Join Fidelity’s Maike Currie and a panel of industry experts to discuss ways to help close the gender pension gap. This virtual panel discussion go through the findings of the latest Global Women and Money study and what advisers can do to help build a more inclusive financial world.
FundsNetwork: Behind the industry headlines with Fidelity FundsNetwork's Donald Manning
Join Donald Manning, Retirement & Savings Development Manager, every Thursday for our weekly breakfast briefings which typically last no more than 15 minutes. Donald looks at the previous week's industry headlines and uncovers what they mean to you, your business and your clients. Recordings from previous weeks are also available on the weekly breakfast briefings hub.
FundsNetwork: CII AF1 exams are fast approaching
For those of you - and colleagues - taking the AF1 exam this September, why not check Fidelity FundsNetwork’s video training resources with industry expert Sue Cox.
FundsNetwork: Passive versus active and ESG
Can ESG be run passively or is active asset management the only effective way to run ESG portfolios? Will ESG be the mainstream way to invest in the future. Listen to FundsNetwork’s panel discussion.
FundsNetwork: CII September AF1 exam - get ready
For those of you taking the AF1 exam this September, why not check FundsNetwork’s video training resources with industry expert Sue Cox. The series includes six personal tax and trust planning videos relating to income tax calculation technique, Capital Gains tax, pension and gifting contributions as well as a popular video on exam techniques.
FundsNetwork: DB transfer issues and considerations
The outputs from the Pension Transfer Analysis System forms an important part of transfer advice, as well as the basis for much of the required Appropriate Pension Transfer Analysis (APTA). But its output alone should not determine whether a transfer goes ahead.
FundsNetwork: Paraplanning in a Pandemic 2021 report
FundsNetwork are delighted to be sponsoring Professional Paraplanner’s unique report ‘Paraplanning in a pandemic’. The report covers the development of the paraplanner role within financial advice firms as well as the impact of the pandemic crisis and how the market might change going forwards.
FundsNetwork: Working with you in challenging times
Jackie Boylan, Head of Fidelity FundsNetwork, reflects on the last 12 months, how we all reacted to a different way of working and what FundsNetwork introduced to cater for their client’s immediate needs. Jackie also touches on further improvements that are on the horizon.
FundsNetwork: Value that works for you
FundsNetwork have always believed in putting their clients at the heart of everything they do, which is why they’re focused on delivering great value and excellent service whenever you need them, all for just 25bps. Take a closer look at everything you can expect from them when you choose their platform.
Intergenerational planning
Around £327 billion of assets will be passed on to the next generation over the next 10 years according to Brooks Macdonald's research. FundsNetwork's Retirement & Savings Development Manager, Donald Manning, looks at the opportunities for advisers with their clients’ families to plan for their future and pass on wealth.
FundsNetwork: Paraplanning in a pandemic 2021 report
FundsNetwork are delighted to be sponsoring Professional Paraplanner’s unique report ‘Paraplanning in a pandemic’. The report covers the development of the paraplanner role within financial advice firms as well as the impact of the pandemic crisis and how the market might change going forwards.
FundsNetwork: Pension transfer advice: Finalised Guidance
The FCA issued their final rules relating to DB pension transfer advice last year. In order to support firms offering this advice to clients, the regulator subsequently issued recent Finalised Guidance. FundsNetwork have put together a brief summary of this non-Handbook guidance.
FundsNetwork: Global women & money study 2021
In their latest report Fidelity explore how women across the globe choose to manage their money and their attitudes towards investing. What are the long-term consequences this can have on their retirement outlook and how has the pandemic impacted them.
FundsNetwork: The FSCF and EU-domiciled funds
In late 2020, there were some media reports suggesting that FSCS protections for EU-domiciled funds – such as those based in Ireland and Luxembourg – would be stripped away once the Brexit transition period ended on 31 December 2020.
FundsNetwork: The annual allowance charge and Scheme Pays requests
Paul Squirrell, FundsNetwork’s pension expert, takes a step-by-step approach to calculating client’s 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 the FundsNetwork Pension.
FundsNetwork: What are the latest adviser trends on sustainable investing?
Client allocation in ESG has grown to 15% in the last year and 68% of advisers expect to see a continued increase in assets invested in ESG funds and solutions.
FundsNetwork: Protect your inbox from hackers
‘Email takeover’ is becoming a very common feature of financial fraud and advice firms and their clients are commonly targeted. The good news is there are some simple steps you can take to protect your email account from hackers. These can protect your inbox from unauthorised access, helping to safeguard your business and your clients from fraud.
FundsNetwork: The FSCF and EU-domiciled funds
In late 2020, there were some media reports suggesting that FSCS protections for EU-domiciled funds – such as those based in Ireland and Luxembourg – would be stripped away once the Brexit transition period ended on 31 December 2020. In fact, now that the UK has left the EU, the FSCS protections in place have remained the same. However, access to other schemes in EU countries may have been affected. FundsNetwork has put together a brief summary of the rules in place.