Focuses on developing your understanding of wealth management, tax planning and longer-term investing.

Students will be introduced to the benefits of receiving financial advice, techniques to maximise tax exemptions and allowances, saving for retirement, profit extraction for business owners and fundamentals of long-term investing. This course is ideal for individuals looking to:

• Select a suitable investment portfolio
• Appraise different investment wrappers
• Contribute into and draw down a pension
• Assess the range of protection policies
• Assist with estate planning, primarily mitigating an inheritance tax liability
• Evaluate tax-efficient solutions including EIS, VCT and Business Relief
• Consider different trust structures and whey they should be used
• Examine the reliefs, allowances and exemptions available to individuals
• Identify strategies to defer or minimise tax liabilities
• Review financial planning for business owners

Our specialist tutors have many years of experience and can give you the latest advice to make your money work harder for you and to ensure you are utilising approved solutions and allowances to defer or reduce a tax liability.

This course will be delivered over a two-week period, with access to pre-recorded video lectures, complimented by four live interactive sessions.

Objectives

• Understand the concepts of wealth management and need for advice
• Appreciate the objectives and benefits of long-term investing
• Learn how to organize their income and assets to minimise tax liabilities
• Recognise the various solutions available to reduce exposure to inheritance tax
• Understand how financial planning can benefit business owners

Structure

Need for Advice

• The importance of financial advice
• Protection solutions
• Tax reliefs, allowances and exemptions

Investment Planning

• Asset classes
• Investing through market volatility
• Attitude to risk and capacity for loss
• Tax-efficient investment vehicles

Portfolio selection

• ISAs, unit trusts and investment bonds
• Investing for the long-term
• Tax planning with EIS and VCT

Retirement Planning

• Preparing for retirement
• Pension Freedom
• Reasons to contribute to a pension
• Annual and Lifetime allowance
• Tax relief on contributions
• Corporate contributions

Estate Planning

• Inheritance tax concerns
• Main residence considerations
• Nil rate bands
• Gifting and use of Trusts
• Downsizing provisions
• Business Relief

Other Planning

• Corporate services
• Offshore assets
• Business succession
• Non-UK domicile
• Business and shareholder protection
• Year-end planning
• Long-term care
• Case studies