Quick Reference Guide

Executive Summary

• Optional summary
• Automatically populated

Introduction

• Individual, corporate or review
• Background and objectives
• Basis of advice
• Meeting date chronology
• Other areas discounted
• Attitude to risk (investment)
• Attitude to risk (mortgage)
• Attitude to risk (protection)
• Capacity for loss
• Investment knowledge & experience

Investment Strategies

• Individual funds
• Model portfolios
• DFM
• Structured products
• Property & land purchases
• Target date funds

Investment Review - Actions

• Internal fund switch to individual funds
• Internal fund switch to model portfolios
• Surrender
• Bed & NISA
• Retain
• Retain & top up
• Chargeable event calculation + personalised illustration
• Capital gains tax calculation + personalised illustration
• Share class conversion
• Re-registration

Investment Review – Tax Wrappers

• Stocks and shares NISA
• Junior ISA
• OEICs
• Unit trusts
• Investment trusts
• Discretionary management service
• Unit linked bonds
• With profit bonds
• Maximum investment plan
• Friendly society savings plan
• NS certificates
• NS premium bonds
• NS fixed rate bonds
• NS investment bonds
• Guaranteed growth bond
• Guaranteed income bond
• Stock market linked bond
• Cash ISA
• Endowment plan
• Onshore bond (+ in trust)
• Offshore bond (+ in trust)
• VCT
• EIS
• IHT portfolio service
• Exchange traded funds

Pension Review Product Wrappers

• Personal pension plan
• Stakeholder pension plan
• Group pension plan
• NEST
• Retirement income contract
• SIPP
• SSAS
• Defined benefit
• Executive pension
• Section 32 buyout plan
• AVC
• FSAVC
• Occupational money purchase

Investment Proposition Recommendation

• Investment administration – wrap, platform or direct
• Mandate – advisory, discretionary or a mix
• Investment research – which elements
• Strategy – model portfolio, DFM, MOM, etc
• Asset allocation – in-house, outsourced
• Investment style – active, passive

Investment Recommendation

• Onshore investment bond
• Offshore investment bond
• Junior ISA
• NISA
• ISA transfer
• Exchange traded funds
• Unit trust
• OEIC
• General investment account
• Investment trust
• Maximum investment plan
• Endowment plan
• Friendly society savings plan
• VCT
• EIS
• IHT portfolio service

Periodic Review (MiFID II)

• Current investments
• Current relevance
• Actual charges
• Aggregate charges calculator
• Optional pages:
• Wrap
• Platform
• Investment mandate
• Investment research
• Investment strategy
• Asset allocation
• Portfolio drift
• Investment style

Pension Recommendation

• Personal pension plan
• Stakeholder pension plan
• Group pension plan
• Occupational money purchase
• Workplace pension
• SIPP
• SSAS
• RATs (Guernsey)
• Executive pension
• QROPS

Pension Switching Recommendation

• Personal pension plan
• Stakeholder pension plan
• Workplace pension
• Self-invested pension plan (SIPP)
• Small self-administered scheme (SSAS)
• Section 32 Buyout
• Executive pension
• Defined benefits scheme

DB Pension Transfer Recommendation

• Personal pension plan
• Stakeholder pension plan
• Self-invested pension plan (SIPP)
• Small self-administered scheme (SSAS)
• Workplace pension
• Section 32 buyout
• Pension benefits comparisons
• Dependants benefits comparisons
• Projected benefits at retirement age(s)
• Peformance Comparison
• Charges Comparison

Retirement Income Recommendation

• Flexi-access drawdown pension
• Conventional annuity
• With profit annuity
• Unit linked annuity
• Short term annuity
• Uncrystallised funds pension lump sum
• Small pots lump sum
• Scheme pension

IHT Planning Recommendation

• IHT liability
• Discretionary trusts
• IHT mitigation
• Life insurance in trust

Protection Review & Recommendation

• Key person
• Decreasing term assurance
• Business ownership protection
• Level term assurance
• Relevant life
• Family income bond
• Pension LTA
• Whole of life
• Pension DTA
• PHI – individual
• Renewable term assurance
• PHI – executive

Mortgage Review & Recommendation

• Main residence
• Rental property
• Holiday home
• Investment property

Immediate Care Recommendation

• Immediate care plan

Investment Proposition Review

• Current investments
• Retain or change investment proposition
• Review investment portfolio
• Portfolio drift
• Rebalance client portfolios

Appendix

• Market outlook
• Risk warnings
• Property outlook
• Technical notes
• Notes on financial products
• Fund fact sheets

PPOL Docs Recommendations

• Bank & deposit accounts
• National savings products
• Purchase life annuity
• Relevant life protection
• Individual PMI
• Group PMI
• Group life assurance
• Group PHI
• Trustee investment plan
• Equity release
• ASU protection