Industry news and views from Panacea and our partners.
M&G Wealth
M&G Wealth: Family Wealth Unlocked report - have you got yours yet?
Around 800 of your peers have received this year's edition of the Family Wealth Unlocked report - now download your copy to get insights from over 2,000 advised clients.
M&G Wealth: Research from M&G wealth’s Family Wealth Unlocked 2023 report
Research from M&G wealth’s Family Wealth Unlocked 2023 report shows that the majority of people due to receive inheritance, have indicated that they would benefit from receiving their inheritance earlier?
M&G Wealth: Insights show that as many as 40% of people have sought out financial advice as a direct result of the cost of living crisis
Insights show that as many as 40% of people have sought out financial advice as a direct result of the cost of living crisis - a significant increase on the 29% reported last year.
M&G Wealth: Did you know that one in five people leaving inheritance worry they might need the money themselves?
Did you know that one in five people leaving inheritance worry they might need the money themselves?
M&G wealth’s latest Family Wealth Unlocked report is LIVE!
The 2023 report delivers key insights into client behaviours – explaining what topics are important – while also highlighting family wealth planning opportunities. Visit the Family Wealth Hub to learn more and download the report
M&G Wealth: LTA Abolition
The government’s proposal to abolish the Lifetime Allowance have many asking how pension commencement lump sums will be calculated under the new rules. In this short video we look at what we currently know of the new rules for calculating the tax free amounts payable from 6 April 2024.
M&G Wealth: LTA Abolition PCLS Case Studies
The government’s proposal to abolish the Lifetime Allowance has changed how pension commencement lump sums will be calculated from 6 April 2024.
M&G Wealth: The 2023/24 LTA changes
A short video in a series covering the abolition of the LTA from the 2024/25 tax year. This video focuses on the first step of this, which was changing the taxation of LTA excesses for the 2023/24 tax year.
Register for our upcoming event - Lifetime Allowance
Back in April, we held a record-breaking online event hot on the heels of the Government's announcements in the Spring Budget about the abolishing of the Lifetime Allowance. Over 1,800 advisers joined the session to hear our award-winning Technical Team cover the proposals for 2023/24, which are now law.
M&G Wealth: The Lifetime Allowance Hokey Cokey
There used to be some kind of logic to the Lifetime Allowance (LTA). Not any longer but that doesn’t stop it continuing to hang over retiring investors and their advisers like some fiscal sword of Damocles.
M&G Wealth: Paraplanners Assembly 2023: Investing for businesses (these days)
Popular Assembly regular, Les Cameron of M&G Wealth, joined the Paraplanners Assembly in something of a follow-up to last November’s online Assembly on financial planning essentials for small businesses.
M&G Wealth: Illustrate and Apply goes live
M&G Wealth platform’s new Illustrate and Apply tool is set to make the SIPP new business journey even easier, explains Gavin Hughes, Head of Proposition Delivery.
M&G Wealth: Consumer Duty and client vulnerability
By now you’ll have done all the hard yards on the consumer duty – the planning, fair value assessments, you name it - and are comfortable that you’re ready for the Consumer Duty regulation. But one particular subject we haven’t yet covered in detail as part of our Consumer Duty series is client vulnerability.
M&G Wealth: Paraplanners Assembly 2023: Do tax wrappers go to heaven?
The big idea is that, next time one of your clients gets in touch to say someone close to them has died, this Assembly will help give you the confidence to say: ‘Please don’t worry about anything. I can help.’
M&G Wealth: A golden time for pensions
Pensions are a simple and effective way to reduce tax liabilities. Recent fiscal statements have created a tax landscape where tax and tax payers is on the rise. I doubt you will find anyone who is not impacted. Some minor, but some major.
M&G Wealth: The advice gap: the stats that matter
In my first article on the lang cat’s new Advice Gap report we identified some of the barriers which contribute to the advice gap.
M&G Wealth: Consumer Duty: the final countdown
Yes, it’s another article about Consumer Duty. But wait, don’t switch off, this time round it’s different. We are now moving into the final implementation period, where all the theory that has been written about so much over recent months gets put into practice.
M&G Wealth: AI and the IFA: What could ChatGPT mean for financial advice?
Major UK companies are already talking about using AI technology to replace jobs. So should advice firms be worried or excited about ChatGPT and its peers?
A Golden Age? Pension tax planning 2023/24 and beyond
After several quiet years, it's been a tumultuous time in the tax world, with much change from Budget 2021 through to Budget 2023.
M&G Wealth: Paraplanners Assembly 2023: Do tax wrappers go to heaven?
The big idea is that, next time one of your clients gets in touch to say someone close to them has died, this Assembly will help give you the confidence to say: ‘Please don’t worry about anything. I can help.’
Advising Trustees Event
Providing advice to trustees is a different ball game to advising individuals and one of the most commonly asked questions is 'What can the trustees invest in?' While this is a pertinent question that needs answered, the equally important questions of what the trustees should be investing in is often overlooked.