Pensions & Investment CPD hub

Online resources for your continued professional development

You need to complete a minimum of 35 hours of CPD each year for retail investment activities, of which 21 hours should be structured. If you also sell insurance, the 15 hours required by the Insurance Distribution Directive (IDD) can be included in that.

Maximising workplace pensions benefits

After watching this webinar you'll be able to:

  • Describe ways to maximise workplace pension accumulation
  • Explain strategies to achieve best member outcomes
  • Identify different methods of employee engagement in workplace pensions

Bridging the gender pension gap

After reading this report, you'll:

  • Understand the background to pensions inequality in the UK
  • Be able to explain some of the factors that can leave women at a pension savings disadvantage
  • Have a good understanding of steps that can be taken to support women throughout their working lives with a view to saving for retirement

The future of auto-enrolment: building on 10 years of success

After reading this report, you'll be able to:

  • Understand how confident UK employees are with their current level of pension savings
  • Understand the importance being placed on workplace pensions when applying for a new job, how this can benefit your clients and support your workplace conversations 
  • Be able to explain the key steps we as an industry can take to progress AE in the UK, and the opportunities this presents.

IHT planning using Whole of Life plans

After watching this webinar, you’ll:

  • Be able to help your clients understand how they're affected by IHT.
  • Understand how to demonstrate the value of Whole of Life plans compared with saving.
  • Understand how Whole of Life plans can be used in the Equity Release market.
  • Understand how Royal London can help get valuable cover in place quickly.

Pension business owner webinar

After watching this webinar, you'll have an understanding of:

  • The benefits of pensions for the business owner.
  • How to consider the business and the owner and the tax implications for each.
  • The retirement and death benefit options for the business owner.

Pension hot topics

After watching this webinar, you’ll understand:

  • where mistakes are made when working through carry forward calculations.
  • how a pension can help clients in poorly performing ISA funds.
  • the issues surrounding IHT and pensions.

Planning for age 75

At the end of this session you will have an understanding of:

  • How tax relief on pensions changes at 75
  • How the main BCEs work at age 75
  • If you should take uncrystallised benefits before age 75
  • How death benefits differ before and after age 75
  • If trusts set up to receive death benefits are still relevant after age 75

Transfers in drawdown

After watching this webinar, you will be able to:

  • Explain the rules impacting TIDs.
  • Identify factors which could require a TID.
  • Explain how regulatory changes could influence the TID market

Pension transfers

Gathering information for pension transfer advice

After watching this webinar you’ll understand:

  • What the regulator's expectation is regarding information gathering for pension transfers
  • The guidance points on information gathering in the DBAAT instruction manual and FG21/3
  • How to describe examples of good and poor practice relating to information gathering contained in FG21/3

Defined benefit advice assessment tool (DBAAT) - examples of unsuitability

After watching this webinar, you'll be able to:

  • Identify common shortcomings in investment advice related to pension transfers.
  • Identify common shortcomings in assessing suitability for a pension transfer.
  • Describe the sources of additional guidance available when advising on pension transfers.

Look before you leap webinar

After watching this webinar you’ll understand:

  • The changes to advising on pension transfers contained in Policy Statement PS20/6.
  • How to identify the relevant risk factors associated with pension transfers.
  • How to document your advice process in line with the requirements of the regulator.

Helping members access DB transfer advice policy paper

After reading this joint policy paper from LCP and Royal London you’ll understand:

  • About the trends in the pension transfer market since the inception of pension freedoms, including the number of people seeking advice, proceeding to transfer and the value of funds transferred out of DB schemes.
  • The various pieces of research the FCA has published on the topic of pension transfers since pension freedoms began, and how this has impacted their approach to regulating this market.
  • About the practices and concerns of advisers who have been active in the pension transfer market since the beginning of pension freedoms, based on the survey Royal London carried out in May 2020.
  • The steps scheme trustees could take to attempt to improve access to advice for their members.
  • How accessibility and affordability of PI cover is impacting the pension transfer market.
  • How increased availability of partial transfers could impact the pension transfer market.

Good with your money: Transferring out of your company pension - what are the pros and cons?

After reading this document you will be able to:

  • Identify key benefits of remaining in a defined benefits scheme.
  • Explain factors which may support transferring out of a defined benefit scheme.
  • Explain the key differences between Triage, abridged advice and full advice.

Lifetime allowance – take it to the limit and beyond

After watching this webinar, you'll understand:

  • Why the lifetime allowance was introduced, how it has changed over the years and the impact of the 2021 Budget
  • How the lifetime allowance works and the various protections available
  • More about the options available if the lifetime allowance is breached and whether an opt-out is suitable

Death benefits – Facts and planning

At the end of this webinar, you'll have an understanding of:

  • The difference between legislation and scheme rules
  • Taxation of defined contribution scheme death benefits
  • IHT, the potential impact and the Staveley case
  • An overview of risks and opportunities related to Public sector death benefits

Pensions and divorce

At the end of this webinar, you'll be able to:

  • Understand how pensions fit within the divorce process.
  • Explain the role of financial advisers and PODE’s in the divorce process.
  • Understand the factors influencing the valuation of pension assets on divorce.
  • Have an understanding of the options available for pensions in a divorce settlement, and their advantages and disadvantages.

Workplace pensions for independent schools

After watching this webinar you'll be able to:

  • Explain how increases in TPS employer contribution rates impact independent schools
  • Identify the advice needs for schools considering pension arrangement restructure
  • Identify the advice needs for individuals if the structure of their pension arrangement changes

Pension switching: to switch or not to switch - that is the question

At the end of this webinar on pension switching, you'll be able to:

  • Document their advice process in line with the regulator requirements
  • Identify the relevant risk factors associated with pension switching
  • Demonstrate suitability when recommending a switch

Annual allowance, who's afraid of the big bad tax charge?

At the end of this webinar, you'll have an understanding of:

  • How the annual, money purchase, and tapered allowances work.
  • How to calculate whether an opt-out is suitable.
  • How scheme pays operates.
  • Other factors impacting suitability. 

Centralised retirement propositions

After watching this webinar you’ll be able to:

  • recognise the FCA’s concerns about retirement income advice
  • develop an understanding of the relationship between the PROD rules, centralised investment propositions (CIP)s and centralised retirement propositions (CRP)s
  • identify the various components and processes within a CRP
  • understand how a CRP approach can deliver robust client planning

Income drawdown - the good, the bad and the ugly

After watching this webinar, you'll be able to:

  • Identify risk factors associated with income drawdown.
  • List the regulator’s main concerns with income drawdown.
  • Identify how you can review your client's drawdown plan compliantly and cost effectively.

Workplace pensions

After watching this webinar, you will be able to:

  • Describe the size of the workplace pension market.
  • Understand the concerns of employers in relation to workplace pensions.
  • Demonstrate the benefit of salary exchange in workplace pensions.
  • Identify ways to add value to workplace pension schemes.

Contributions, annual allowance and tax relief

This section covers various aspects of contributions paid to UK Registered pension schemes including information on tax relief and the annual allowance including carry forward.

Pension contributions and tax relief

After reading this section, you'll have an understanding of:

  • How tax relief works on member, employer and third party pension contributions.
  • How the annual allowance, tapered annual allowance and pension input periods work.
  • How the annual allowance can be reduced for high earning individuals.
  • How carry forward can be used.

Tax relief and annual allowance

At the end of this webinar, you'll have an understanding of:

  • the rules on tax relief and how much is available
  • the relationship between the annual allowance and tax relief
  • how to calculate the annual allowance when the taper applies
  • how to calculate unused annual allowance using carry forward
  • ... and more

Pensions Tax planning

After watching this webinar you'll understand:

  • Pension tax traps and how to avoid them.
  • Intergenerational tax planning opportunities.
  • How pensions can help with the taxation of other wrappers.

Death benefits

After watching this webinar, you will be able to:

  • Identify what death benefit choices are available.
  • Explain the taxation of death benefits.
  • Understand the impact of IHT on death benefits.
  • Describe spousal bypass trusts and how they work.

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

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.