In Focus: Retirement Income  

How to make retirement more rewarding

  • Describe the important elements of an investment strategy during retirement
  • Identify what to consider when withdrawing retirement savings
  • Describe how tax changes might affect retirement income planning
CPD
Approx.30min

By

Advisers have the power to make a real impact and make their clients’ retirements more rewarding, and when all boiled down, the steps are pretty basic: help pay their income, protect their wealth, and get them through major life moments – the very first step might be to tell clients that they should never forget that a major life moment is retirement itself. 

Neil MacGillivray is head of the technical support unit at James Hay

Article continues after advert

CPD
Approx.30min

Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.

  1. One in five 60-65 year olds are doing what due to the pandemic?

  2. What does Neil MacGillivray say is "vital" when it comes to one-off lump sums?

  3. The wealthy individual MacGillivray's team spoke to recently wanted to leave all their money to their children

  4. Which taxes does MacGillivray think are likely to see "big changes"?

  5. A platform that offers what can make tailoring investment strategies easier?

  6. A regular and reliable income over the long term helps clients feel more comfortable about their future

Nearly There…

You have successfully answered all the questions correctly, well done!

You should now know…

  • Describe the important elements of an investment strategy during retirement
  • Identify what to consider when withdrawing retirement savings
  • Describe how tax changes might affect retirement income planning

I completed this CPD in

To bank your CPD please complete the form below.

Were the stated learning objectives met?

Why weren't they met?

What did you learn from undertaking this CPD exercise?

Why did you undertake this piece of learning?

Any comments about this article or FTAdviser's CPD in general?

Banked!

Congratulations, you have successfully completed and banked this piece of CPD

Already Banked!

You have already banked for this article.

To bank your CPD you must or

Register

One or more questions have been incorrectly answered,
 please review your answers and try again.

By submitting these answers I confirm that I have
read and agreed to the terms and conditions

Please complete all the above text fields to bank your CPD.

More FTAdviser In Focus CPDSee my completed CPDSee all CPD

Related articles