Jamie_Barnes

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Jamie_Barnes
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  • Hi there, I'd point you to these two links which explain both I think quite well: https://dmo.gov.uk/responsibilities/gilt-market/about-gilts/ https://www.dmo.gov.uk/responsibilities/money-markets/about-treasury-bills/ Hope this helps.
  • I usually make reference to the fact that old life company pension charges can be opaque (ish) and therefore the headline cost does not necessarily reflect the full charging structure when compared to modern style pensions held via platforms which b…
  • Gil Sans Mt here as well.
  • Vanguard direct to consumer platform? Haven't actually used them yet though.
    in Junior ISA Comment by Jamie_Barnes May 1
  • Thanks, @richardgough , that is basically what we've done.
  • A little off topic but still MIFID II related; I note Transact won't be producing their ex post reports for clients until the end of April. Generally speaking, it appears that adviser firms should be producing their first round of ex post disclosure…
  • I think it's because it is the word "partner", therefore it's a third party pension contribution so not eligible for tax relief.
  • @richardgough said: @benjaminfabi - sorry for not replying; have been off work for 10 days; thank you @Jamie_Barnes for replying "on my behalf"!! No problem My new favourite toy on FE at the moment is the dynamic link function through…
  • @benjaminfabi said: @richardgough said: It's extremely useful; been using it for a few years. Did you know that you can also transfer portfolio data from a Transact client into FE either at wrapper level or at all fund level? (I've …
  • Some really good research, just a shame the one platform I wanted hasn't responded!
  • I personally don't believe in having a contents page. It is just another page wasted and probably isn't looked at by clients. The most important aspect of a good report (again in my opinion) in order to tell the client their story, is that it flows …
  • We don't use DFMs so our preference has always been for IOM offshore bonds, for the consumer protection angle.
  • I agree with the above. I prescribe to the mantra "if you want something done right, do it yourself" when it comes to suitability reports and templates/ systems.
  • Hi Abbas, Just to clarify it is still 6 exams to qualify, the 7th isn't compulsory and is for advisers who wish to demonstrate continuing knowledge or if the FCA tells them they have to take it.
  • Hi, Having already registered and tested it out this morning on a case i'm working on, there seems to be a couple of minor bugs in the system. Specifically, on the withdrawals page which has changed figures I input into the system before validati…
  • RE: how FE works out the growth and charges, I've attached a spreadsheet just showing year 1 on your example which is how I think they do it, but they probably have a far simpler formula rather than what i've done. RE: formula for working out RIY…
    in RIY Comment by Jamie_Barnes July 2018
  • Yeah, goal seek for step 3 all the way!
    in RIY Comment by Jamie_Barnes July 2018
  • @richallum , I believe it is along the lines of the following: * Project forward at the growth rate allowing for all charges (initial costs are divided by projection term). * Project forward at the same growth rate but this time not including …
    in RIY Comment by Jamie_Barnes July 2018
  • I would compile 8 x pension summaries in a table using a template on Excel covering the main points on each. E.g., for the DC schemes it would be fund and transfer value, penalties, investment strategy, available funds, charges, retirement option…
  • @arongunningham Canada Life through the CLASS system is usually the best for smaller schemes, with most other providers not wanting to get involved anymore due to it not being commercially viable. If they're too small for that then perhaps even c…
  • Neil Dickey is another good person - he wrote some of the chapters of the textbook and often runs sessions in conjunction with FundsNetwork. Helped me to pass R04 and AF7 at first attempts.
  • Noted that the example uploaded contained formula error, Doh! Hopefully this one doesn't.
  • @Andy_Schleider , I find it is better to set a tiered structure out in a table, then use if statements for each banding. Use a sheet for each platform then put them together into one comparison page on another sheet (if you use multiple platforms). …
  • Might be some form of the growth guard, but in an insurance product rather than built in? I don't think it is to do with Ticketus as my memory serves, as that was an EIS rather than ITS product.
  • I don't believe that a provider would be able to accurately program an AI to carry out all the various tasks of paraplanners without missing out key elements, because ultimately they are not paraplanners. Of course, even if the programs were created…
  • It takes a bit of time but you can get the LGT Vestra MPS on FE if you go to the transmission option - you have to request access to them and it can take a bit of time before they become available. They then appear under your portfolios.
  • arongunningham said: StuartBFM said: Incidentally, feedback from the nine clients to have received a post disclosure has been pretty much meh.  Hours of work and many more thinking about it and they really aren't interested.  Yea…
  • @arongunningham It's looking very good now.  To get the figures to match the Transact illustration in @Rebecca_Tuck 's example, you could use the Rounddown formula and set it to -3 to get it to 3 significant figures. That's maybe as a sense check m…
  • Agree with above too, Pru all the way though did prefer it when you could download the excel spreadsheet version.
  • FE Analytics has a Mifid II tab under each fund - it's time consuming but the best resource i've found so far. Alternatively, Transact is somewhere to look.