CII

3 1/2% War loan redemption

On 3 December 2014, the Chancellor confirmed that War Loan stock would be redeemed on 9 March 2015, its next interest payment date. 31/2% War Loan has been a popular holding with small private investors and of the 120,000 or so holders, 38,000 own less than £100 nominal. It’s a sentimental holding, but nonetheless an […]

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What the model answer doesn’t show you

If you’re studying for the AF1 exam (or even the AF3 exam, or AF4 exam or AF5 exams), you will have noticed by now that you’re likely to be asked one or two calculation questions. If you’ve looked at any past papers or if you are following our structured study plan, you can’t fail to […]

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Study schedule alert: week 2 already!

Lots of of you ask questions about the weekly study schedule for the exam. Without exception, you think it’s a good idea. What does it look like? Well, here’s this week’s email; they are sent out every Tuesday and this week is the 2nd week already! Weekly study Schedule: week 2 This email is reminding […]

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Plan to keep your capped drawdown flexible

Capped drawdown will continue post-6 April 2015. It will continue in it’s current format for all those in capped drawdown on 5th April. You’ll have to be in it, to win it post-6 April. Capped drawdown (BCE 1) will still be capped drawdown on 6 April, as long as you stay within GAD limits. Why […]

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Getting started with the AF4 exam: numbers, algebra and process

Here’s a little something to get the AF4 investment bods brains (and calculators) moving this week. Module 1 is all about using your calculator(!) If that seems crazy, wipe that smile off your face; I get people regularly turning up for AF4 workshops and they don’t know how to use their calculator. They can’t compound […]

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I’ll never remember all that…

When I decided to come back to advising I thought I’d treat myself (!) and study for R03…until I saw the book! I bought the digital version and if you held the screen sideways it was something like 660 pages. I thought “I’ll never remember all that”. Let’s be honest, unless you’ve got one of […]

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The AF3 exam and being practical with the annual allowance

This was a real case that was referred to me for comment. It highlights the very real issues and practical workings of an annual allowance calculation using a mini-case study. And it’s exactly the kind of question you’ll get in the AF3 exam. And it’ll be worth 20 marks. And, if you want to pass […]

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Planning for a successful April 2015? It all starts tomorrow…

Happy New Year and all the very best for 2015. This is a momentous year for pensions; 2015 will be a great year for pension advisers. Like you, since the new pension flexibility rules were outlined in October, I’ve spent some time analysing the technical detail and the implications. I’ve seen all the pictures of […]

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