Having worked within the Financial Services industry and alongside Partners at St. James’s Place since 2008, we understand the importance of producing high quality, compliant suitability letters.
Lead by SJP Accredited Jade Clarke DipPFS, Cert CII (MP), our Virtual Paraplanning team consistently produce detailed and personalised reports for a wide range of products, whilst ensuring they comply with all regulations.
Collating plan information can be problematic, time consuming and sometimes simply frustrating, however you can also delegate this to our Paraplanning team with confidence as they have a wealth of knowledge on current and legacy products, enabling them to make easy work of navigating this tricky area!
You can also be sure that in an ever developing industry, the team stay up to date with any changes within St. James’s Place and the wider community, ensuring they always have the highest level of knowledge to get the job done.
Our Paraplanning support service can be used as a standalone service or partnered with our PA Packages, to give you a fully comprehensive solution.
SERVICES OFFERED:
- Suitability letter preparation
- Advice Set creation
- Voyant
- Analytics
- OPAL
- Income Sustainability Calculations
- Carry Forward Calculations
- Inheritance Tax Calculations
- Protection Cases
SUITABILITY LETTER LIST:
For replacement (pre-approval), business:
Investment Transfers including:
- Investment Bond Replacement
- Stocks and Shares ISA
- General Investment Account / Unit Trust Replacement
- EIS Rollover
Internal Drawdown recommendations including:
- UFPLS
- Initial Tax – Free Cash
- Subsequential Tax-Free Cash
- Phased Drawdown Strategy
- Annuities
- Dependants Drawdown
Pension Transfers including:
- Defined Contribution Schemes
- Stakeholder Pensions
- Partial Transfers
- Drawdown Transfers
- Fixed Term Annuities – when maturing
For new business (post approval):
New cash investments including:
- ISA’s
- Unit Trust Accounts /Unit Trust Feeder Accounts
- Investment Bond’s international and onshore
- Junior ISA’s
- Unit Trust Designates
- Fund Administration Bond
- Rowan Darting Portfolio both ISA and non-ISA portfolios
- Venture Capital Trusts / Enterprise Investment Schemes
Trust and Inheritance Tax Planning including:
- Discounted Gift Plans both international and onshore
- Loan Plans both international and onshore
- Inheritance Tax Solution both AIM and non-AIM
- Gift Plan both international and onshore
- Later Life Planning Scheme both international and onshore
- Beneficiary Income Plan both international and onshore
- Enhanced Gift Plan both international and onshore
- Excess Income Plan both international and onshore
- Enterprise Investment Scheme’s
- Whole of Life contacts
- Gift Inter Vivos
New cash Pension recommendations including:
- Personal Retirement Accounts
- Corporate Retirement Accounts
- Self-Invested Personal Pensions
- Trustee Investment Accounts
Protection Planning including:
- Level Term Assurance
- Decreasing Term Assurance
- Family Income Benefit
- Relevant Life
- Business Protection
- Key Man Insurance
- Private medical Insurance
- Income Protection
Additional Suitability Letters:
- Drawdown reviews
- InRetirement Reviews
- InRetirement Initial letter
- Mortgages
- Cash ISA Transfers
PACKAGES
Our Paraplanning support service can be used as a stand alone service, or partnered with our PA Packages, meaning we can see a piece of business through, from start to finish, leaving you with nothing to worry about, and more time to spend with your clients!