Industry news and views from Panacea and our partners.
Fidelity Adviser Solutions
FundsNetwork: Pension and ISA marketing campaign support
Create your own marketing campaigns with FundsNetwork’s sample letter templates, which highlight the benefits of investing in pensions and ISAs. Then using our MI reports you can identify clients to target, produce a mailing or email, together with our guides. You’ll find all the resources in the 'Tax year end support' zone.
FundsNetwork: Tax year end – all the support in one place
FundsNetwork™ has launched a dedicated support zone, with all the material you need to help your business during this busy time. For instance, you can easily identify clients who haven’t used their full ISA allowance by requesting FundsNetwork ISA contribution report (only available to platform users). You can then generate your own marketing campaign to assist those clients in using their allowance effectively.
FundsNetwork: Help your client reap the benefits of tax efficient savings
FundsNetwork’s guide to pension and ISA allowances provides your clients with the key tax information they need so they can make the most of their annual allowances. To assist them in maximising their savings, you can find this guide in both the pension and ISA sections of our tax year end support zone.
FundsNetwork’s tax year end support zone
All you need for pensions and ISAs in one place FundsNetwork™ has launched a dedicated support zone with all the material you need to help your business during this busy time and to ensure clients fully utilise their valuable annual allowances. You’ll find a range of support, including factsheets and guides to assist conversations with clients.
FundsNetwork: MiFID II services for advisory firms with discretionary permissions
In support of the implementation of the MiFID II regulations on 3 January 2018, we have introduced two services for advisory firms with discretionary permissions
FundsNetwork: A better pension by design
The FundsNetwork Pension offers investment choice, flexibility and value for money – no set up or administration charges, just a 0.25% Service Fee, plus an Investor Fee of £45 a year
FundsNetwork: Email hacking - Keep your business safe
Almost 70% of business leaders and managers admit they haven’t taken any action to protect their business and employees from an incident of fraud, according to Financial Fraud Action UK. Email hacking is a favoured channel for thieves, and advisory firms are a prime target. To highlight how fraudsters can operate, and how you can prevent it, we have detailed two customer stories.
FundsNetwork: Email hacking – everything is not always as it seems
25% of businesses in the UK admit they have fallen victim to a financial scam or have experienced attempted scams since 2014, according to Financial Fraud Action UK. Email hacking is a favoured channel for thieves, and advisory firms are a prime target. To highlight how fraudsters can operate we have detailed two customer stories.
FundsNetwork: Preparing for MiFID II regulations
With MiFID II implementation approaching, FundsNetwork have received a wide range of questions from firms like yours. You will find all the answers in their support area on topics such as, the target market, pre and post-sales illustrations and requirements for reportable assets, including Legal Entity Identifiers (LEIs).
FundsNetwork: Taking CII exams this October?
With pension exams fast approaching, why not take a look at our library of 36 pension technical videos to help you prepare? Topics range from defined benefit transfer issues to tax relief and lifetime allowance considerations. We also have a video on exam techniques, touching on strategies around the marking scheme and the best ways to approach your answers.
FundsNetwork: A guide to pensions and divorce
After the matrimonial home, the pension fund is often the most substantial financial investment in divorce settlements. It requires expertise and a crystal ball to assess, as the ultimate pension value at retirement is unlikely to be known at the point of divorce. Our latest guide covers the many technical aspects that should be taken into account, from earmarking to pension sharing and lifetime allowance considerations.
FundsNetwork: Taking CII pension exams next month?
Our resource of 36 technical videos can help you prepare for taking pension qualifications. Latest topics include tax relief and defined benefit schemes issues and considerations when transferring away. A helpful tool to your exam preparation.
FundsNetwork: Defined benefit transfer considerations
Our latest pension technical videos focus on the issues to be considered when looking at transferring out of defined benefit schemes. Designed to help advisers prepare for taking CII pension qualifications, the videos are also a useful resource for anyone looking to brush up on their knowledge.
FundsNetwork: Multi asset investments continue to lead sales but defensive assets rise in popularity
The Mixed Investment 40-85% Shares sector continued to cling on to the top spot in the sector sales chart in March. However, there was strong demand for investments within the Short Term Money Market and UK Money Market sectors, which climbed to second and fourth place respectively, the latest FundsNetworkTM data has revealed.
FundsNetwork: Paul Kennedy's taxes every which way tour 2017
Paul Kennedy, FundsNetwork’s Head of Tax and Trust Planning, is on the road again with his latest series of tax and pension planning seminars.
FundsNetwork: Paul Kennedy’s taxes every which way tour 2017
Paul Kennedy, FundsNetwork’s Head of Tax and Trust Planning, is on the road again with his latest series of tax and pension planning seminars.
FundsNetwork: Paul Kennedy’s taxes every which way tour 2017
Paul Kennedy, FundsNetwork’s Head of Tax and Trust Planning, is on the road again with his latest series of tax and pension planning seminars.
New FundsNetwork retirement technical videos
FundsNetwork has extended their range of videos to cover six more topics, including tapered annual allowance, pensions and bankruptcy and fixed protection. Each session covers learning outcomes for the latest CII exam syllabuses, so they’re a great source of information if you’re taking CII exams or if you simply want to refresh your technical knowledge.
FundsNetwork Survey
For the chance to win £75 of John Lewis gift vouchers please complete this survey. The questions should take less than 2 minutes to complete.
Tax year end: FundsNetwork’s Pension and ISA application deadlines
As the tax year end approaches, please be aware of FundsNetwork’s deadlines, to ensure there’s time to process your clients' applications for the current tax year. Whether you’re setting up a regular income for the first time from a drawdown account, topping up a pension or ISA account, or applying to Bed and ISA - please make sure you familiarise yourself with the cut-off dates and times.
FundsNetwork: Allowances and pension contributions at tax year end
Calculating pension allowances for your clients, particularly at this time of the year, can be highly complex. With this in mind we thought you might find FundsNetwork’s latest video of interest.
FundsNetwork: Annual allowances and utilising carry forward
In order to help your clients understand the importance of maximising their pension contributions at this time of year, FundsNetwork™ have useful factsheets on annual allowances and carry forward. There’s also information for your clients who are affected by the tapered annual allowance, explaining how this is calculated and what happens if the allowance is exceeded.
FundsNetwork: Tax year end support
To help ensure your clients make the most of their annual allowances when investing at this time of year, FundsNetwork have pulled together a range of material to support you and your clients.
New FundsNetwork pension technical videos
FundsNetwork has extended their series to cover six more topics including calculating the cash equivalent transfer value, Pension Commencement Lump Sum (PCLS) and transitional protection, and understanding a Transfer Value Analysis System (TVAS). These are a great source of information if you want to top up your technical knowledge or if you’re taking CII exams.
Multi asset investments lead the way in October, FundsNetwork reveals
The Mixed Investment 40-85% Shares sector topped the sales chart in October, the latest FundsNetworkTM data has revealed.
FundsNetwork: Autumn Statement
Paul Kennedy, Head of Tax and Trust Planning at FundsNetwork, provides his views on tax and personal allowances as a result of yesterday’s Autumn Statement.
The FundsNetwork Pension: take a look at the latest enhancements
You can now transfer existing drawdown arrangements to FundsNetwork online; just one of the recent enhancements they’ve made to their pension to make it easier for you. They’ve also made a number of other changes recently based on feedback received from advisory firms.
Targeted absolute return top sales chart in September, Fundsnetwork reveals
The Targeted Absolute Return sector topped the sales chart in September, the latest FundsNetworkTM data has revealed.
FundsNetwork: Tapered annual allowance
With the introduction of the pensions tapered annual allowance on 6 April 2016 FundsNetwork have created an in depth factsheet. This covers how the taper works and who it affects, what happens when the annual allowance is exceeded, threshold income versus adjusted income, along with examples to illustrate these new rules.
FundsNetwork: Inherited ISA allowance transfer form
For clients who are inheriting their deceased spouses or civil partner’s ISA allowance, you’ll need to complete the necessary documentation. FundsNetwork’s form is available within their Service Zone, under the administrative procedures section. You’ll also find some useful information to consider around Inherited ISAs.