|Investment Education PLC|
-Tax in life, pensions and overseas funds introduction.
-Unit linked funds, with-profit funds and non-linked unitised with-profit funds.
-Comparison of these to a unit trust.
-Basic valuation points.
-Life, Pension, Friendly Society, PHI and CICs policies.
-Overview of a life company's allocation between the business and policyholders including bonuses, reversionary interests, terminal costs, etc.
-Capital units and related charging structures on policies.
-Actuarial valuation and embedded values - basic review.
-Morbidity, mortality and related reserves.
-Matching policy types to businesses and funds.
-Qualifying and non-qualifying policies, exempt policies.
-Chargeable events on the above including chargeable losses and Friendly Society enhancements.
-Policy enhancements, endorsements, encashments, 5% rule, top slicing.
-Personal Portfolio Bonds - the new rules and complexities.
-Policies to back mortgages.
-The Fiscal Representative new rules - how these apply in practice.
-Compensating policyholders - taxation on the payments.
-Putting a policy into trust - the practicalities.
-Types of trust arrangements used.
-Gifts to children - insurable interest: the tax consequences of gifting to children.
-IHT planning: PETS and normal expenditure out of income.
-Closure of the Lady Ingram Rule and its effect on Life Policies.
-Life Annuities: the different types and tax rates applicable.
-Payments to overseas policy holders.