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Personal Finance Society
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Technical articles

The single-tier pension – back to the future »
Once upon a time, the state paid older people a flat-rate state pension. Then the government added an additional earnings-related component which developed into SERPS in 1978 and the state second pension in 2002. On 6 April 2016, another overhaul will see a return to a new flat-rate, single-tier pension. 
The age of the Chartered Professional »
Chartered status has become a key feature of the market's commitment to raising professional standards over and above the regulatory minimum. Niall Boyd looks at its history - and its future…
2015 Budget »
The Chancellor's recent pre-election Budget brought the usual raft of changes to taxation for individuals and businesses alike. John Woolley looks at what's new…
Enhanced support for members »
Supporting the membership is key to the PFS's mission. Mark Hutchinson explains what the Society is doing in 2015 to meet the needs of its three largest member groups.
Insistent Clients »
The new pension freedoms give rise to a potential mis-selling debacle as insistent clients push for a defined benefits transfer even if it is against their adviser's recommendation. Keith Richards explains what the Personal Finance Society is doing to help its members avoid getting dragged into a scandal…
Legislative changes in the UK and the US during the past 10 years have increased the complexity of dealing with US-connected clients.With more and more US citizens coming to the UK and British citizens moving the other way, Cormac Naughton asks what do advisers need to know before they can successfully deal with such clients?
Negotiating the American client maze »
"Absolutely outrageous" - negotiating the American client maze: Legislative changes in both the UK and the US over the last ten years have increased the complexity of dealing with American and US connected clients. With more and more American expatriates coming to the UK and British citizens moving to the US, what is it that advisers need to know before they can successfully deal with such clients? asks Cormac Naughten 
Mortgage Professional Issue 6 »
In the sixth issue of Mortgage Professional, Gary Little heads up a host of articles covering an overview of the mortgage market, EU's Mortgage Credit Directive, regulatory changes and more.
The battle for the three unions »
The Battle for the Three Unions. It may sound like something out of a Tolkien story but the Prime Minister is now, as a result of his dramatic election victory last week, very likely to be facing some key battles but on three different fronts.
The rights of beneficiaries and challenging trustee decisions »
When writing about trusts, we tend to concentrate more on what the duties and responsibilities of trustees are and what are or could be the consequences of trustees' actions as these are the areas, such as setting up a trust or trustee investments, in which financial advisers tend to get involved.   But what happens if one of the clients is a beneficiary under a trust and you need information about the trust as it may - or is likely to - affect estate planning for the client?
The money purchase annual allowance »
The introduction of greater benefit flexibility in the Taxation of Pensions Act 2014 included new ways of preventing individuals from recycling benefits into contributions. The recycling rules remained in place (subject to a small modification), but they targeted the increase in contributions by way of reinvesting the tax-free pension commencement lump sum.
Relevant life policies - part four »
This is the final article in a series of four on relevant life policies.
Retirees »
The basic state pension, in more or less the form we recognise it today, was introduced in 1948, as part of the 1946 National Insurance Act. The age at which one could begin drawing down the state benefits was 65 years old for men and 62 years old for women (this disparity between the sexes only began to be closed in the Pension Act of 1997 - for simplicity we'll consider the male data, as that is the number that is being targeted by the government).
Some clarity on those new death benefit rules »
Nobody said it would be easy reads like the title of a pop star's lament. It can equally describe the business of trying to understand the new flexible pension rules that came into effect on 6 April 2015. The rules are mostly confined in their application to money purchase schemes.
Relevant life policies - part three »
This is the third in a series of articles on relevant life policies.