AF7 Pension Transfers - April 2018
This additional one day course has been included as our March event is now fully booked. It aims to significantly improve delegates' chances of passing their exam by developing an understanding of the key technical points that are likely to be tested.
The session takes place at K2 Leisure Centre, Crawley and opens for registration at 9.00am for a 9.30am start and ends at 4.45pm, providing a full six hours' CPD.
Led by John Trayner, a CII Approved Trainer, this one day training course costs £75 for members (non-members £95). It will cover all the aspects of pension transfers either as part of AF3 or for those taking AF7 as a stand alone subject.
The course includes all tuition, tea/coffee on arrival and during formal breaks and a buffet lunch. If you would like to join us for this event, please click on the Book Now button below. (Please note, to benefit from the discounted rate, you will be required to provide your membership number at the time of booking.)
By the end of the day delegates will able to:
understand the background to pension transfers both from money purchase and final salary arrangements
describe the main structure and governance of a defined benefit scheme
describe a DB scheme’s main features including the benefits paid at normal, early and late retirement, ill health pension and on death
understand the options available to someone who has left a DB scheme’s sponsoring employment
understand how a Cash Equivalent Transfer Value (CETV), is calculated, the assumptions behind the calculation and how changes in these will affect the CETV
understand the key elements of a Transfer Value Analysis System (TVAS) is constructed and the assumptions it will use
understand how a critical yield is calculated together with its limitations
understand the main factors that must be considered in advising clients who wish to consider transferring their DB pension rights
understand the principles of ensuring a sustainable income in retirement
know the FCA’s current thinking on DB transfers
know the compliance issues in giving advice on DB transfers
There is ample free on-site parking at the venue.
Please note that this event will take place on the 1st floor at K2. A lift will normally be available for delegates to access the training, but stairs will need to be used in the event of an emergency evacuation of the building.
Full joining instructions will be sent to delegates ahead of the event.
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
6 hours' CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.