Client Retirement Planning
Annual allowance, MPAA, auto-enrolment minimums, the difference between DB and DC, and when MPAA is triggered.
Client Retirement Planning
Pension planning is often the largest financial planning need. Advisers must understand both workplace and personal pensions, contribution rules, and tax treatment.
True or false?
Pension planning is often the largest financial planning need
Occupational and Employee Pensions
Which term matches: "Pension based on salary and years of service;"
What does "Defined Contribution (DC) / Money Purchase" mean?
Type the term that means: "Pension based on salary and years of service;"
Match each term in "Occupational and Employee Pensions" to its meaning
Tap a term, then tap its matching definition.
Fill in the blank
______ — Mandatory for employers; minimum contributions: 8% total (3% employer, 5% employee including tax relief)
Personal Pensions
Which term matches: "Individual arrangement with a pension provider"
What does "SIPP (Self-Invested Personal Pension)" mean?
Match each term in "Personal Pensions" to its meaning
Tap a term, then tap its matching definition.
Fill in the blank
______ — £60,000/year (2024/25) or 100% of earnings — the lower
What the exam tests
Annual allowance, MPAA, auto-enrolment minimums, the difference between DB and DC, and when MPAA is triggered.
True or false?
Annual allowance, MPAA, auto-enrolment minimums, the difference between DB and DC, and when MPAA is triggered
Additional notes
Which term matches: "£60,000"
What does "MPAA" mean?
Match each term in "Additional notes" to its meaning
Tap a term, then tap its matching definition.
Fill in the blank
______ — 8% total (3% employer)