| Disc 1 |
|
Module 1 (15
minutes)
J04 and Exam technique |
Structure
of the Diploma exam | exam preparation |6
rules golden rules in the exam |
Module
2 (8 minutes)
AF3 and the Advanced Diploma |
Structure
of the Advanced Diploma exam | J04 and J05
| tips on how to approach Advanced Diploma
exams |
Module 3 (39
minutes)
HMRC regime – Part 1 |
Registration
procedures | eligibility for tax relief |
lifetime allowance | annual allowance | pension
commencement lump sums | minimum pension age
| crystallisation events |
| Disc 2 |
|
Module 4 (23 minutes)
HMRC regime – Part 2 |
Pre-crystallisation death benefits
| investment restrictions | tax sanctions
| reporting requirements |
Module 5 (21 minutes)
HMRC regime – Part 3 |
Primary protection | enhanced
protection | protecting higher tax free cash
entitlement | applying for protection |
Module 6 (27 minutes)
Legacy issues |
Retirement annuities | PPP/stakeholder
| SSIPs | section 32s | AVCs | SSASs |
| Disc
3 |
|
Module 7 (18 minutes)
Defined contribution pension schemes |
Contribution structures | benefits:
death, ill-heath and early retirement | investment
strategies | statutory money purchase illustrations |
Module 8 (26 minutes)
Defined benefit pension schemes |
Defined benefit scheme structures
| topping-up benefits | variations: defined
cash, career average, hybrid and integrated
schemes | pension funds accounting and liabilities
| bulk transfer and termination |
Module 9 (29 minutes)
State pensions |
NI contributions
| basic state pensions | deferral options
| S2P | graduated pension | SERPS | pension
credit |
| Disc 4 |
|
Module 10 (24 minutes)
The legal framework for pensions |
Pension Acts | regulation of
pensions | pension protection fund, fraud
compensation fund and financial assistance
scheme | stakeholder pension provision | types
and duties of trustees | EU law |
Module 11 (31 minutes)
Early leavers and transfers |
Rights and options of early
leavers | revaluation of deferred benefits
| principles of transfer value calculations
| transfer value analysis system | critical
yields | transfer club |
Module 12 (16 minutes)
Key pension accumulation issues |
Turner report | personal accounts
| changes to state pensions |
