Local Seminar

Wednesday 19 June 2019

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

You can register for the session below where Fiona Hanrahan, Business Development Manager at Royal London, will be presenting - 'The business owner'.

The session will have a running time of around 60 minutes, with food and refreshments available beforehand.

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. 

In the final section 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 and the implications of death on these strategies.

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

Fiona Hanrahan - Business Development Manager, Royal London

Fiona has worked in financial services since leaving the University of St Andrews in 1998.  She has worked mainly in technical roles although has also worked as a Chartered Financial Planner.  She has worked for Royal London since 2015. Fiona is a fellow of the Personal Finance Society and has an MBA from the Open University.  She is also the current president of the Insurance Society of Edinburgh. Fiona has young twins who take up most of her spare time although she likes visiting new cities, going to the cinema and keeping fit.

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.