Financial Services conference - Retirement and pension focus

Fidelity

Title: Finance Act 2023 : Impact on pension planning

Hosted by Donald Manning

Learning objectives

• Describe the changes introduced by the Finance Act 2023 & subsequent legislation & the rules associated with them
• Examine the opportunities that the pension changes offer for individuals
• Consider those individuals who could benefit from the pension changes

Learning outcomes

• Explain the changes introduced by the Finance Act 2023 & subsequent legislation & the rules associated with them
• Understand the opportunities that the pension changes offer for individuals
• Identify those individuals who could benefit from the pension changes

BNY Mellon

Hosted by Richard Parkin

Title: Where next for retirement income advice?

Learning objectives:

• Describe the current challenges facing those giving retirement income advice.
• Identify the areas of retirement income advice that the FCA’s thematic review has focused on.
• Explain the main differences between those decumulating wealth and those accumulating it and discuss what this might mean for investment strategy.

Learning outcomes:

• Describe the current challenges facing those giving retirement income advice.
• Identify the areas of retirement income advice that the FCA’s thematic review has focused on.
• Explain the main differences between those decumulating wealth and those accumulating it and discuss what this might mean for investment strategy.

Evelyn Partners

Title: Investing for Retirement.

Investigating the Use of Direct Gilt Ladders, Direct Stocks & Institutional Structured Products for the most efficient client outcomes.

Hosted by Gavin Hill.

abrdn

Title: Diversifying Tax Risk

Hosted by Tony Davies

Learning objectives

• Examine why utilising multiple investment wrappers can diversify tax risk and demonstrate the value of financial advice.
• Consider the order of taxation and how to maximise available UK tax allowances and bandings.
• Describe how a multiple investment wrapper approach can help facilitate true holistic planning for accumulating wealth, providing tax efficient income in retirement and maximise legacy planning.

Learning outcomes

• Understand why utilising multiple investment wrappers can diversify tax risk and demonstrate the value of financial advice.
• Consider the order of taxation and how to maximise available UK tax allowances and bandings.
• Explain how a multiple investment wrapper approach can help facilitate true holistic planning for accumulating wealth, providing tax efficient income in retirement and maximise legacy planning.

Fidelity - Macro Economic Overview

Hosted by Paul Nash

Objectives

Fidelity will give a broad macro-overview, looking at the investment landscape in 2024 and outlining the risks and opportunities investors will encounter over the next 12 months. We will consider the drivers of asset allocation and the factors that will continue to influence those allocations going forward.

The focus will then turn to the world of passive Multi Asset investing - a consideration of what to look for in passive instruments, as well as an overview of some of the key biases and weaknesses of investment vehicles in this space. This will also involve an evaluation of asset allocation and correlations worth considering when building an investment proposition.

Learning Outcome

1. Understand the key macro risks facing investors today and establishing where opportunities may arise going forward.
2. Consider the likely path for central banks in 2024 and beyond, whilst also understanding the impacts this could have on global markets.
3. Evaluate Fidelity’s Capital Market Assumptions and outlining what they mean for a MA investor. Think about asset class returns, correlations and why certain asset classes are excluded from our universe.
4. Understand the home bias within UK Multi Asset investing and the consequences of having a home bias in your CIP.
5. Outline what to look for when selecting passive instruments and why it is just as important as in the active space.