Pension for a new future


The taxation of pensions act 2014 has been laid before us. It received royal assent on 17 December 2014 and outlines changes that will impact every single one of your clients; and some very much more than others. And some very soon.

This legislation will impact every single one of us and it winds itself around quite a few tricky aspects of retirement planning; do you know the difference between BCE 7 and 5(c)? You might need to know because your clients will be getting a BCE statement…

This legislation will impact every single one of us and it winds itself around quite a few tricky aspects of retirement planning

Here’s a little pro-forma letter I’d think about sending out to everyone of your clients RIGHT NOW. Feel free to copy it.

‘’Dear client,

I hope this finds you well and the New Year has started as you hoped.

Please excuse the brevity of my letter/email, but this is important.

This is urgent and important. I really do need to arrange to speak to you as soon as possible.

Just before Christmas, a new pensions bill received royal assent and the details of the taxation of pensions act 2014 was laid before us. But, what does that mean for you?

Would you like to take your pension when you want, as much as you want and as a tax-effectively as you can after age 55?

Would you like to keep as much of your pension wealth as possible, during life and beyond death for you and your family?

Would you like to use your pension wealth to help you reach your life goals?

If yes is the answer to any of these questions, then we should talk soon.

The new pensions act will come into force from 6 April 2015 and together we can plan how best to maximise the new rules for your benefit.

I have just completed a professional development course on the new rules and achieved a professional development certificate from expertpensions ltd**. That coupled with my professional diploma qualifications and our experience in retirement planning mean that we are well prepared to provide expert advice on these new rules and how they apply to you.

The new pension rules for 2015 will allow a new generation of planning for you, your wife/partner and children. I want to ensure that you are kept abreast with what it means for you personally and together we can make the right decisions for your future retirement planning and your family wealth.

Please give this some careful consideration and give me a call.

All the very best,‘’

** The new pensions flexibility module is available from 5 January and full details of the summary notes, video tutorials, case studies and quiz can be found here


About Author

Avatar photo

Dubbed by friends and colleagues “The Pensions Professor”, John Reynolds is widely acknowledged as one of the country’s leading experts in the financial services education sector. He has spent 20 years teaching, consulting, mentoring and writing on the subjects of pensions and investments. John’s unique ability to take his years of experience and technical knowledge and present it in an easy to understand format, has resulted in his talents being very much in demand. His portfolio of corporate clients include CII, Lloyds, Scottish Widows, Santander and Wesleyan; as well as numerous IFA clients whom he provides technical consultancy, mentoring and training on client case studies and staff training.. He has put his extensive expertise (and heart and soul!) into developing the expertpensions (EPL) proposition. EPL is a structured and interactive technical exam training programme for IFAs. It's designed to give financial advisors the required technical knowledge, study strategy and exam technique to confidently sit and pass the AF1, AF3, AF4 and AF5 exams. Its online, it's fully supported, structured and designed to help advisers reach Chartered Financial Planner status quicker. It's ready to help your advisers reach chartered status

Leave A Reply

Verified by MonsterInsights