20th September 2027

TIMING

COURSE CODE

SE20B7

SPEAKER

Kevin Read

OBJECTIVES

Saving for a pension is becoming increasingly important as State Pension age is scheduled to increase and the State Pension is unlikely to provide sufficient to live on. Despite the abolition of the Lifetime Allowance, the system remains horrendously complex. However, the rules present many opportunities. This course will look at how the pensions tax rules impact upon clients, especially in the area of retirement and estate planning. It is not a financial services course and will not be dealing with products from a financial services aspect.

WHO SHOULD ATTEND?

Partners and staff who provide advice to private clients and family companies.

TOPICS

• The pensions annual allowance (AA) and when it is tapered
• How pension inputs are measured in defined benefit (e.g. final salary) schemes
• The AA charge
• 'Scheme pays’ elections

• Current rules and proposed changes from April 2029

• Introduction of the Lump Sum Allowance (LSA) and Death Benefit Lump Sum Allowance (DBLSA)

• Aged under 75; or
• Aged 75 or over

• The current IHT regime for pensions
• How it will change once the proposals are implemented
• Interaction with the income tax regime for pension death benefits
• How unused pension funds at death could have very high effective tax rates
• The extra compliance burden on personal representatives of the deceased and pension scheme administrators
• Impact on retirement planning strategies

VENUE

This course will be available live online. You will be emailed the link to join two days before the course date.

DISTRICT

All

COURSE FEE

£115+VAT. (click here for information on the Flexiticket discount scheme - fees as low as £67+VAT per place).