Local seminar

Tuesday 11 June 2019

We hope that you can join us for a seminar that’s in your area.

You can register for either the morning or lunch session where Clare Moffat, Head of Business Development at Royal London, will be presenting The business owner - from growing the business until the end.

Both sessions will have a running time of 60 minutes with a 15 minute Q & A. Food and refreshments are available at each venue 30 minutes before the seminar begins.

A CPD certificate of 60 minutes will be offered for the session.

In this presentation we will highlight the rise in business owners and we will discuss some of the implications in terms of the need for financial planning. We then consider the importance and benefits of pensions before looking at the implication of the annual allowance and the potential for the tapered annual allowance to apply to the business owner.

We then go on to consider the limited company, the wholly and exclusively rule and how taxation of dividends works. In terms of extracting profits, the three options – salary, dividends and pension contributions are compared. 

Then we consider the various options a business owner has on retirement. We consider pensions and other wrappers but also using the proceeds from a pension fund to purchase a property. 

The final section concerns death benefit. The benefits of pensions aren’t just during the lifetime of the client. Passing on a business can be difficult when there are multiple beneficiaries so we consider the benefits of pensions post death. We include some helpful examples to highlight to professional connections who are dealing with clients during their lifetime or on death.

Learning outcomes:

  • Consider the benefits of pensions for the business owner
  • Understand and describe the issues for the business owner in relation to pensions planning
  • Consider the business and the owner and the implications for each
  • Understand retirement and death benefit options for the business owner 

Clare Moffat - Head of Business Development, Royal London

Clare qualified as a lawyer and Notary Public in September 2002 and is a member of the Law Society of Scotland. Post qualification Clare spent 5 years at Aegon Scottish Equitable in the legal department focussing on protection products before moving to Pinsent Masons LLP in November 2007. While at Pinsent Masons, Clare acted for many different pension providers there before moving to Prudential for over 6 years and ended up leading the pensions side of the external facing technical team which involved presenting, writing articles for the press and developing adviser facing content. Clare joined Royal London in May 2018.

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.