R04 Pensions and Retirement Planning

This one-day course 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.

The cost of this course is £65 for CII/PFS members (£85 for non-members) and 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 visit our friends at Sussex Insurance Institute to book your place

Sussex CII

Course Objectives

By the end of the event delegates will able to:

• explain the main pressures on the Government, employers and individuals making provision for later life income

• explain the main features of the Government’s auto-enrolment scheme

• understand the difference between a money purchase and defined benefit

• know the main tax benefits of pension contributions

• know the eligibility conditions to make pension contributions and receive tax relief

• calculate accurately the maximum pension input including the use of carry forward and the application of the annual allowance charge

• understand the two main ways in which tax relief is given

• understand the main investment strategies in the accumulation phase

• understand when benefits can be taken

• know the main ways in which money purchase benefits can be taken

• know the options available on death for both uncrystallised and crystallised money purchase funds

• know the principles of Lifetime Allowance and Transitional Protection

• understand the way in which a defined benefit scheme works and how the member’s benefits are calculated

• understand the protection available to members under the Pension Protection Fund and Financial Assistance Scheme

• know the main options available to members on leaving employment together with the possibility of transferring pension rights

• understand the main alternative methods of providing later life income

• understand the key elements of the state pension for those reaching SPA before and after 6 April 2016

Other Information
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.

About our speaker
John has 40 years’ experience in insurance and financial services. Not surprisingly most of his former employers no longer exist because of mergers and takeovers. For example he joined Leeds Permanent Building Society in 1986 and at retirement was working for Lloyds Banking group even though he’d never changed employers! The last 15 years were spent in the training department specialising in professional exams.

Not wishing to spend retirement watching daytime TV he decided to become a freelance trainer specialising in helping people to pass the CII’s Financial Services exams.

John is a Chartered Insurance Practitioner and a Fellow of both the Chartered Insurance Institute and the Personal Finance Society.