Retirement Planning is one of the most important areas of financial planning that all individuals must consider.  Each person’s circumstances are unique, their goals are unique, the way they think about and experience life are unique.  This creates complexity and the responsibility that rests on the shoulders of the financial planner and adviser is significant.

The road to retirement brings many potholes and unforeseen events.  Decisions made by clients in the pre-retirement years can have a drastic impact on their planned retirement.  Often they turn to Financial Planners and Advisers to guide them, but answering what seems to be easy questions, more often than not, turns out to be complex.  In the client’s mind, they are asking a simple question that should have a simple answer.  Reality is that a deep understanding is required to provide an appropriate answer.

Doing the right thing today means a client for life.  A great retirement plan backed by great ongoing support and advice means the client will realise their dream retirement.

What to expect

We study a variety of aspects related to Retirement Planning:

• Tax implications of products, lump sums and income solutions;
• Comprehensive examples of lump sum tax;
• Impact of withdrawals from retirement funds;
• Explore classic questions through detailed analysis and calculations;
• Income solutions at retirement;
• A big flaw in FNA systems when planning for retirement.

We do practical, comprehensive case studies to ensure you master the application of the concepts and theory.

Refer to the course outline below for a detailed outline of the course

Pre-requisites

• Solid understanding of Income Tax;
• Solid understanding of investment and retirement products;
• Experienced in planning for retirement;
• Experienced in planning at retirement;
• Eagerness to learn and elevate your thinking.

Who must enrol in the course

• Financial Planners & Advisers;
• Broker Consultants who want to provide enhanced value to their panel;
• Paraplanners;
• Sales and Branch Managers;
• Franchise Principals;
• Key Individuals;
• Support staff that helps with the Financial Planning process;
• Students studying for an NQF 6 or 8 qualification in Wealth Management / Financial Planning.

Difficulty Level

The course is set at an advanced level and focuses primarily on practical application and interpretation.  Although some theory is included.

It is expected that you have a thorough understanding of retirement planning as well as practical experience in this regard.  You will greatly benefit from this course and have more knowledge and skills to grow your practice and to increase the value you offer your clients.  We go into detail and therefore this is not an introductory course.

CPD Points

• Earn 3 CPD points for event participation (knowledge) when you successfully complete the course.
• Earn 1 CPD points for completed recap challenges.
• Total CPD points on successful completion:  4
• Approval number:  FPI19060022

Course Information