{"id":480,"date":"2015-01-24T11:02:41","date_gmt":"2015-01-24T10:02:41","guid":{"rendered":"http:\/\/www.futuretrend.co.uk\/blog\/?p=480"},"modified":"2015-05-23T15:13:07","modified_gmt":"2015-05-23T14:13:07","slug":"480","status":"publish","type":"post","link":"https:\/\/www.futuretrend.co.uk\/blog\/480\/","title":{"rendered":"IFS DipFA Coursework due in May – Pension Freedoms"},"content":{"rendered":"
Pension Changes – This is a great essay question!<\/span><\/b><\/div>\n
This is a fantastic bit of Coursework to get your teeth into! \u00a0This is very much a current issue in the retail financial services world.<\/div>\n
Most students will be aware of the changes to the pension rules, which have already started and are due to come into effect fully in April 2015. \u00a0This question tests your knowledge of the new rules by asking you to describe the new rules for a hypothetical article in an Accountant’s quarterly magazine.<\/div>\n
<\/div>\n
It’s really an essay!<\/b><\/span><\/div>\n
As always with the Coursework, this is really an essay set at QCF Level 4, which is roughly the equivalent of an essay required during the first year of a degree course.<\/div>\n
<\/div>\n
However, it is not enough just to know the new rules! \u00a0You will have to make the essay read-able, with a solid structure and avoid over-emphasis on client-unfriendly jargon. \u00a0As will all Level 4 study, you need to show the examiner that you understand the rules and can apply them in order to demonstrate understanding<\/i>.<\/div>\n
<\/div>\n
Start Your Research!<\/span><\/b><\/div>\n
There is of course a huge amount of potential research available. \u00a0Ensure your research is properly recorded using the required referencing technique. \u00a0Explanation of the rules could focus, amongst other areas, on a comparison of the new vs. old rules; tax rules and implications; client needs and objectives; and so on. \u00a0The IFS Study Topic folders are a good starting place for any-one starting from scratch or needing to revise a specific area. \u00a0Always be critical, and I don’t mean negative! \u00a0Always look at the pros and cons. \u00a0The questions itself focusses on higher net worth clients, so particular attention is required for that client group.<\/div>\n
<\/div>\n
Need more help and guidance?<\/b><\/span><\/div>\n
Anyone looking for additional help in this area can sign up for our \u00a0distance learning\u00a0course<\/a><\/div>\n

 <\/p>\n<\/span>

  • <\/div><\/li>