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General articles and tools

ABI - Percy the protection calculator

This quick calculator from the ABI can highlight the kind of payments an individual may be entitled to in the worst-case scenario.

Consumer duty support hub

We’re here to help you meet your Consumer Duty requirements now and in the future. Our helpful guidance, tools and resources can support your every step.

Continuing professional development

CPD | Better off dead? The need for critical illness cover

In light of this startling webinar title, we look at the real need to consider critical illness (CI) cover and examine how to start this conversation with clients.

CPD | Considering pensions and protection when a relationship ends

In this webinar we consider the financial implications of relationships, both marriage and cohabitation, coming to an end. From a protection perspective we explore the importance of policy ownership, a solution to protecting maintenance payments, and the role added value support services can play.  From a pensions perspective we look at the main sharing assets options when a relationship ends, including pensions, and explain the key points in the recently updated 'A Guide to the treatment of pensions and divorce' from the Pension advisory group.

CPD | Dispelling myths around trusts

Trusts have a very important role in financial planning and when used with protection policies they can offer significant benefits to clients and their families. When it comes to pensions, we’ll cover off what options are available when someone dies and what tax if any would be payable by the recipients.

CPD | It’s all about income protection

In this session we cover income protection and the important role it plays in helping clients maintain their lifestyle if they’re unable to work due to illness or injury.

CPD | The gender gap – not just a pensions issue

But is there a gender gap across all ages and life stages? And how does this impact pensions, protection, and financial resilience overall?

In this webinar we discuss the new Royal London research on the gender gap, what causes it and what we can all do to improve the situation for women and younger people throughout life and into retirement.

CPD | Tackling the gender pension and wealth gap research report

In this webinar we cover our latest research report, Tackling the gender pension and wealth gap. Which looks at the differences between men and women in saving for retirement, their long-term savings and general approach to the protection market. We go on to explore how socio-economic issues translate into a gender pension and wealth gap, showing how income, childcare and perimenopause can affect women’s finances.

CPD | Meaning of Value

We wanted to understand more about what consumers actually value. What is important to them, and what things do they consider when deciding whether something is, or isn’t of value?

This is what our new 'Meaning of Value' research report is all about.

Our report introduces the Consumer Value Index. Over time, this will track how consumers are rating their financial services providers, including advisers, with regards to value. This research report will provide you with new insight into key questions, chief among them - when purchasing a product or service, what do consumers think value is, and what do they value most from an adviser?

CPD | Retirement income advice review

This webinar covers the FCA’s Retirement income advice thematic review – TR24/1. We explore aspects of retirement income advice such as income withdrawal strategies, risk profiling, advice suitability and the use of cashflow modelling tools.

CPD | What advisers are asking us right now

In the first half of this session, our focus will be on protection, discussing areas we’re being asked about and a look at Consumer Duty responsibilities. In the second half of the webinar, we’ll look at what pension questions are being asked right now such as, the abolition of the lifetime allowance. 

Insurance Distribution Directive

The Insurance Distribution Directive (IDD) came into force in October 2018 and introduced a number of new obligations that firms involved in the designing and selling of insurance products need to meet.

Protection plans and HMRC’s Trust Registration Service

From 6 October 2020, The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 introduced a new requirement for certain express trusts to be registered on HMRC’s Trust Registration Service even where the trust does not have a current tax liability. Any trust that has a current tax liability already needs to be registered.

Powers of attorney

Powers of attorney are a valuable tool that helps vulnerable people have their affairs managed before or when they have lost mental capacity.

The following guides help people who work in regulated markets learn about:

  • Lasting powers of attorney (LPAs)
  • Enduring powers of attorney (EPAs)
  • Deputy court orders

There are different laws and processes in England and Wales, Scotland and Northern Ireland.

England and Wales

The following guide only covers powers of attorney registered in England and Wales and court orders issued in England and Wales.

Scotland

For information about powers of attorney in Scotland

Northern Ireland

For information about powers of attorney in Northern Ireland.

Tools and support

A range of tools to help you with protection, including more detailed information on business protection, what is the right trust to use in certain situations and a range of support for parents setting up family protection to ensure their children are cared for, should something unfortunate happen.

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