9 minute read
Q2 regional conferences
ADVICE DESIGN & A BUDGET DEEP DIVE
Starting in Telford on 25 March and running through to 4 June in Bournemouth, subjectmatter specialists will provide the usual mixture of practical and inspiring content, including:
● Cutting-edge developments in advice process design; ● Budget implications and new advice opportunities; ● Macro trends and market drivers; ● Risk mitigation and protection advice; ● Th e big fi nancial planning quiz. Dates and locations are shown opposite. Attendance is complimentary for PFS members and content is CPDaccredited. Lunch and refreshments will be provided.
Reserve your place now by registering at www.thepfs.org/events or through the PFS Events app.
THE PFS Q2 REGIONAL CONFERENCE PROGRAMME 2020 REGION DATE VENUE S TA F F O R D S H I R E & S H R O P S H I R E 2 5 / 0 3 / 2 0 2 0 T E L F O R D I N T E R N AT I O N A L C E N T R E BIRMINGHAM 26/03/2020 ASTON VILLA SUSSEX 31/03/2020 AMEX BRIGHTON SURREY 01/04/2020 EPSOM RACECOURSE KENT 02/04/2020 MERCURE GREAT DANES T H A M E S VA L L E Y 0 7/0 4 /2 0 2 0 H I LTO N S T A N N E S M A N O R HERTS & MIDDLESEX 08/04/2020 THE AUCTION HOUSE LONDON 09/04/2020 GRAND CONNAUGHT ROOMS YORKSHIRE 21/04/2020 ELLAND ROAD LANCASHIRE, MERSEYSIDE & CUMBRIA 22/04/2020 MERCURE DUNKENHAIGH GREATER MANCHESTER 23/04/2020 THE MERE B R I S TO L & C H E LT E N H A M 2 8 /0 4 /2 0 2 0 TO RT W O RT H C O U RT SOUTH WALES 29/04/2020 THE VALE N O RT H S C OT L A N D 0 5 /0 5 /2 0 2 0 A B E R D E E N A LT E N S CENTRAL SCOTLAND 06/05/2020 CROWNE PLAZA GLASGOW TYNES TEES 07/05/2020 RAMSIDE HALL ESSEX 12/05/2020 CROWNE PLAZA LAKES STAMFORD 13/05/2020 PETERBOROUGH MARRIOTT NORFOLK 14/05/2020 SPROWSTON MANOR ISLE OF MAN 19/05/2020 SEFTON HOTEL N O RT H E R N I R E L A N D 2 1 /0 5 /2 0 2 0 H I LTO N T E M P L E PAT R I C K P LY M O U T H & C O R N WA L L 0 2 / 0 6 / 2 0 2 0 C H I N A F L E E T C O U N T R Y C L U B E X E T E R & N O RT H D E VO N 0 3/0 6/2 0 2 0 H O L I DAY I N N TAU N TO N HANTS & DORSET 04/06/2020 AFC BOURNEMOUTH
ISTOCK
SKILLS TO PAY THE BILLS
George Tsounias explains how My Personal Finance Skills is delivering free financial education to students T he My Personal Finance Skills initiative delivers free fi nancial education workshops to schools and colleges across the UK through a network of more than 800 PFS members (Education Champions) for the fi rst time. For this reason, we support you from the registration all the way through to the delivery of your fi rst workshop. As well as access to presentation guides and presentation slides, we Th e PFS is committed to helping students have better fi nancial awareness and providing support to teachers who are passionate about students’ understanding of money and are looking for free external support who are committed to giving something have a series of training webinars from professionals. Th anks to the back to the local communities they serve. that take you through each stage of a success of the initial series of fi nancial
So far this academic year, more than 300 workshop. Furthermore, all Education education workshops, we are working workshops have been delivered to schools Champions go through our simple to develop new workshops and talks and colleges across the UK with a total of fi nancial education sign-off process in 2020. 500 plus workshops reaching an estimated prior to delivering their fi rst workshop If you are interested in taking part 15,000 students expected before the end of to ensure that they are confi dent with or know of any schools that would be the summer holidays. the material and have completed some interested, contact: simple yet important tasks. Finally, the volunteers@thepfs.org FINANCIAL WORKSHOPS My Personal Finance Skills team is on Our fi nancial education material is aimed hand throughout the process to provide George Tsounias is relationship manager at students aged 15-18 and workshops have any additional support. of education at the PFS been designed to fi t within a typical onehour school timetabled lesson. Resources will enable Education “Th oroughly enjoyed the experience. Champions to deliver standalone workshops aimed at raising the fi nancial Th e students were really interactive, and competency of students. Th e content has been created in collaboration with Young interested and engaged in the topic” Money, a trusted knowledge provider, - TILLY QUIGLEY, EDUCATION CHAMPION supporting schools and colleges for more than 15 years. Th e themes covered in the fi rst series of “As a form tutor to year 12s last year and workshops include: Moving on from school – student fi nance, this year, I can honestly say it is one of the earning, tax, NI, pensions. My future fi nances – enabling students to best PSHE lessons from a visitor we had” develop their understanding of the value of - TEACHER everyday expenditure. Making decisions and risk – students gain an understanding of their attitude to risk and how this can infl uence fi nancial choices they make. Staying safe – identifying fi nancial scams.
STEPPING INTO THE CLASSROOM We understand that many members are passionate about giving back but can be nervous of stepping into the classroom
HAVE YOU REGISTERED WITH NS&I’SNEW ONLINE SERVICE YET?
Back in May 2019, NS&I launched its online service for fi nancial advice fi rms. Th e key feature of this service is that, for the fi rst time, advice fi rms can have secure online access to information on their clients’ NS&I holdings.
Th is gives advisers and their colleagues easier and faster access to more information than they previously had, including Premium Bonds prize history, which helps in calculating the return being achieved from a client’s Premium Bonds. Th is is in addition to information such as valuations, maturity dates and copies of correspondence sent to their clients. Th e service also now offers an indefi nite Letter of Authority template.
Access to the system can also be made available not just to the client’s adviser but to anyone in the advice fi rm who needs it, so for example, the paraplanner working on the fi nancial plan and the suitability report can have Th e next key priority is giving advice ready access when they need it. fi rms access to their clients’ trust
Since May, more than 500 fi rms have accounts, which are typically used for registered to use the online service – children or celebrities for anonymity. equating to about one in 10 advice fi rms We know that some advice fi rms have a in the UK. Th is is an encouraging start lot of clients with trusts, so we need to but there is good reason for many more make these available online too. fi rms to register to use the service. Th is We will also be researching the is because the vast majority of fi rms will appetite among adviser fi rms for already have clients with NS&I products transactional access and, if highlighted in one form or another. Also, cash has as a requirement, how they would want become an integral part of the fi nancial to access this, for example through the planning process during the last few NS&I online service, through platforms, years, since the Retail Distribution or cash management systems. Review, as clients want their advice We realise it will take time for the fi rms to manage all their savings and message to reach advisers and their investments on teams about the online service and their behalf. the benefi ts it delivers, but we aim
We started to add to get about two thirds of these fi rms to the features of the online service soon NS&I has created registered to use it within the fi rst two years. after it was launched, by giving advice a useful tool that Ultimately, we expect that our online service fi rms access to joint account information. says a lot about will deliver a step change in our engagement with In addition, we have started implementing its commitment to advice fi rms. Many advisers already view a list of small userexperience tweaks and will continue to building a strong relationship NS&I as the default home for the cash element of their clients’ portfolios, do so during the next year or so. with advisers due to our unique 100% security guarantee
Phil Billingham, Chartered (backed by HM Treasury) for all fi nancial planner at Perceptive funds, and our unique products such Financial Planning, commented: as Premium Bonds. Th is is reinforced “Th e online service has made it by the fact that cash has become an much easier to manage our clients’ integral part of the portfolio planning NS&I investments, saving us both process, especially since holistic time and hassle, and giving us the full fi nancial planning has become more online view of their holdings for the widespread in the advice profession. fi rst time. NS&I has created a useful tool For more details, visit: that says a lot about its commitment nsandi-adviser.com/ to building a strong relationship with obtaining- client-information advisers. We were delighted to work If you are not the person that usually with NS&I during the test phase for this sets up this type of service for your fi rm, new service to help make it even more please share this article with the most adviser friendly.” appropriate colleague. ●
The quick and easy wayquick and easy way to complete your client to complete your client reviews. reviews.
Bespoke Funds Bespoke Funds with with performance data. Ideal performance data. Ideal for restricted investment for restricted investme portfolios. portfolios.
7RÀQGRXWPRUHFRQWDFW RÀQGRXWPRUHFRQWDFW
www.selectapension.com/rapidreviewerwww.selectapension.com/rapidreviewer
Daily fund performance Daily fund performa updates to ensure timely updates to ensure analysis. analysis.
