You are unauthorized to view this page. Username or E-mail Password Remember Me Forgot Password Questions: 00:00:00 - Intro 00:01:23 - Over the years, I accumulated a number of shares via company share save schemes. Unfortunately the purchase price history is too convoluted/old to unpick. When I come to sell them, will I have too assume the value is 100% profit for CGT purposes? Or pay the tax I guess. 00:03:53 - Hi, may i ask "property vs investments" question. I have an unintentional rental property owned outright (need to be brave and calc CGT) but when does the rental to value yield % rate become a poor 2nd to investments? Which factors should I be considering to aid decision. (I'm thinking: guaranteed income sources, other pensions/investments? Thanks 00:10:00 - I was interested in a question from the last Q&A session about using a High-Yield Dividend Income ETF (example was VHYL) as an income stream and your comment that it was potentially a feasible approach. I’d like to experiment with this so my question is, how best to model this in Voyant. I can see how to add it as an Investment with the dividend being paid out but not sure how you can do this as part of a SIPP portfolio? Also, I assume that the dividends are tax free inside a SIPP but then simply treated as taxable income when withdrawn, is that correct? Finally, is it possible to request that only SOME of the dividend is paid out and the rest re-invested as per the original question's idea? Cheers. 00:15:32 - Hi Pete, I joined during the Black Friday Sale and I'm enjoying the course. Just starting the Voyant chapters. Q. I have 2 final salary pensions, that I plan to take in 2 years' time. One was pre 97 and due to a company take over is now not indexed linked during payment, only discretionary increases and these have been virtually 0% over the last few years. This has been raised in parliament but it looks like it will not change. Would this fact influence the thought process in taking or not taking the PCLS? I don't need it to pay off any debt. Thanks. 00:17:23 - In my financial coaching work there are limitations to what I am both qualified and authorised to advise on, and thanks to our Government, I get a lot of people asking how best to optimise their tax situation, especially over the next 2-3 years. I'm happy enough figuring these things out for myself, but am obliged to refer such people to a regulated advisor. Is there any point referring them to Jacksons these days, or are you already at capacity? 00:18:24 - We are both at retirement age 68/65. We have wills in place but no lasting power of attorney arranged. We are both in good health and would expert one of us to take control if the other declines into poor mental health. Is there really a need to have a lasting power of attorney whilst we are both in good health? It was our aim to appoint a LPA for which ever survives. As we do not have any direct descendants, it’s not something we really want to set up until we really need to. We are kind of thinking that individually we will know when the time is right to set one up but guess it’s not always as simple as that. Your feedback would be appreciated Pete. 00:21:20 - Given the big changes to tax allowances in the recent budget, what are the most common changes you're making for clients? Conscious of not letting the tax tail wag the investment dog, but want to make sure I'm not missing something. 00:23:56 - Thanks for you clear answer to my IHT question, not sure I was quite clear enough with my "gifts from income" question., could she draw from her savings to cover large items like cruises or would the cost have to be covered by her income too to demonstrate her lifestyle is not impacted by the gifts. 00:26:20 - How much evidence would you I need to satisfy that regular payments to daughters for their Sipp and ISA is indeed from excess income…. What’s the chance of having to provide this evidence. 00:28:47 - Dreaded annual pension allowance: if my post salary sacrifice salary is circa min wage eg £18k but £36k of my £40k allowance is used up by salary sacrifice....am I only using £4k of my salary, therefore am I carrying over £14k? 00:31:05 - If I owned shares in company A (BG plc) , who were subsequently bought by Company B (Shell) are they the same asset for CGT purposes? 00:32:27 - Did you have any further thoughts about the 6 month rule for drawing from the taxable pot in drawdown, that I queried last week? 00:33:26 - Thanks for your thoughts on my VHYL income fund question. A follow up question if I may? I looked at the Dividend History for VHYL using the website “Investing Dot Com” and found the Yield figures provided for each quarter. Is it correct to simply add these up to get an annual rate? If so then it works out as 12% (2022), 13% (2021), 13%( 2020) etc. Does a 12% total yield equate to £1,200 on an investment of £100,000? It sounds like an obvious question but I'm asking as it seems a bit too good to be true. The growth on the capital is more variable at 4% in 2022 (so far) and 16% for 2021 but even so it still growing in addition to paying the dividends out. Am I missing something in my interpretation of these figures? 00:44:44 - 89 year old dad has an offshore investment bond with Friends Provident (don't ask)....we want to move its investment funds mgmt from xxx wealth management company but held by Pershing and we understand that we can tell FP we want to disengage xxx wealth mgmt, and self manage......but I don't understand what/how self mgmt works.....basically Dad does not need or want any withdrawals and sees bond as investment.....so we think global Index tracker fund would suit. Q is re mechanics not investment choice if that makes sense. Thanks 00:48:43 - My elderly parent needs help with finances (just got LPA through), there are two attorneys , and one is much more financially aware than the other.... would you suggest getting key decisions validated in some way (by a IFA or accountant) ? 00:52:15 - Immediate needs annuity is new to me, is it in the course? Prev LessonNext Lesson