Luton & Hertfordshire Half Day Regional Financial Services Conference

Luton & Hertfordshire Regional Conference

We are hosting our morning CPD conference on 10th October 2023 - book your place(s) now!

Programme:

09.30 – 10.00 Arrival and coffees
10.00 – 10.50 First speaker - Royal London’s Craig Muir – Pension tax allowances
10.50 – 11.40 Second speaker – Foresight’s Hiten Parmar – VCT’s, another tool
11.40 – 12.00 Break
12.00 – 12.50 Third speaker – LV’s Vincenzo Lomonaco – Secured Income
12.50 - 13:45 Lunch

Royal London Pensions Technical, Lifetime Allowance & Annual Allowance Changes with Craig Muir

Synopsis

As a part of the Consumer Duty, it’s essential advisers keep up to date with changes in pension legislation to ensure they continue to enable their clients to pursue their financial objectives, while avoiding foreseeable harm. This presentation considers a number of changes to pension legislation heralded in the March 2023 budget, including the proposed abolition of the lifetime allowance and increases in the annual allowances. A firm understanding of these changes, and their impact on your clients, will be absolutely vital to create a plan to achieve good client outcomes. We also outline changes to Capital Gains Tax and Dividend Tax allowances for the 2023/24 tax year and those scheduled for subsequent years.

Throughout this presentation we remain mindful of the altered focus of regulation in a post-Consumer Duty world. Under the Consumer Duty, advisers are compelled to ask themselves “is this right” rather than “is this within the regulations”. So, as we work through the budget changes, we’ll endeavour to demonstrate to advisers how their knowledge and application of these changes helps create good outcomes for their clients.

Learning objectives

By the end of this session, you will be able to:

• Identify changes to pension tax allowances in March 2023 budget
• Explain how LTA protections operate post March 2023 budget
• Describe changes to Capital Gains and Dividend taxation in March 2023 budget

The Foresight Tax Efficient (FTE) Effect : Another Tool in the Kitbag with Hiten Parmar

The Foresight Tax Efficient (FTE) Effect : Another Tool in the Kitbag

Hiten Parmar from Foresight Group will talk about how advisers are waking up to the importance of tax efficient investments, especially with more attention being drawn to pension savings due to the abolition of the lifetime allowance (LTA). Hiten will also highlight how VCTs have become another tool in the kitbag for advisers during market turbulence.

Key Learning Objectives:

• Understand how a VCT works
• Describe how VCTs can complement changes to Key Allowances
• Explain Client Planning Scenarios and the Target Market for VCTs

Hiten Parmar Bio:

Hiten Parmar joined Foresight as a Senior Business Development Manager covering the Home Counties region in 2020. A member of the firm’s Retail Sales Team, Hiten has over 11 years’ experience in the Sales Industry. Hiten is also part of the Foresight I&D Team, driving awareness and diversity across the organisation

De-risk your clients retirement journey with a unique combination of secured income and smoothed investments with Vincenzo Lomonaco

• Take your clients forward with confidence
• Retirement income market trends
• Consumer retention and adviser business risks
• Drawdown done differently
• Smoothing the drawdown journey

WHERE?

Hilton Garden Inn Luton North

Butterfield

Hitchin Road

Stopsley

Luton

LU2 8DL

Please note: This event is a regional collaboration between the local institutes in the area. Your booking details will be shared with the Insurance Institute of Luton and Hertfordshire, which is acting as the host institute for this event.