Your LifeTalk Insider #23

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LifeTalk Insider
October 06, 2023 • Estimated Reading Time: 8 minutes

Here’s your selection of posts from IFAs, Financial Planners and Advisers in LifeTalk this week…

NEWS : New regional Mastermind Groups for IFAs and Financial Planners coming very soon…

Since 2004, the heart of LifeTalk has been our online community, but for the last few months we’ve also been planning regional in-person Mastermind Groups, and we're now in a position to start revealing details.

But first, we need to get a rough idea of where we will launch the first three regions. We’ve got a pretty good idea but we need your input please.

If you are potentially interested in the in-person meetings, please let us know where you are based (though experience has shown that many people are happy to travel to attend a mastermind group).

This is not definitive, we're just getting a sense for popular regions for these groups. Click here or post a comment. Thanks in advance…

From the LifeTalk forum

Charles and 26 others: now A J Bell have stopped doing new commercial properties into SIPPs, does anyone know of other provider that do? Click…

Aron and 12 others: If someone inherits an Octopus ITS, does the 2-year IHT clock start again? Click…

David and 10 others: I wondered if anyone has had experience of Quilters lead generation program. I'm a financial planner with zero clients, just starting out and I don't play golf so 100 appts booked into my diary seems attractive. Click…

Paul and 16 others: Remote paraplanning companies. What are the go to options for advisers these days? Click…

Jim and 9 others: Locum arrangements where it's not reciprocal. What sort of commercial arrangements are the norm? We're a multi-adviser firm so operate an internal locum arrangements. A third party adviser has asked after us locuming for them, but not them for us. What's the normal sort of deal? Click…

Nick and 13 others: I have a 58 year old client being made redundant. He gets an £80k payment in April in the new tax year. £30k of this will be tax-free as a redundancy payment. In what other tax efficient ways could he be paid the remaining £50k. Pensions are the obvious solution, however he has previously triggered the MPAA, so he is restricted to £10k. Any other ideas or observations would be gratefully appreciated. Click…

Jenny and 11 others: I am currently looking into cash savings accounts for a Trust. I believe there are limited options currently in this area, but does anyone have any recommendations? Trust funds are currently with Barclays earning 0%! Click…

Cleona and 17 others: I’ve left a network firm and my accountant needs a revenue spreadsheet of income as before. Client name, provider name, product, % retained, etc. The firm say they’ve taken compliance (theee sixty) advice and can give me a headline figure but no more. Gdpr… Accountant says that won’t work for him. Anyone else know what to do here as I feel a bit caught in the middle? Click…

Warren and 39 others: I’m starting out as a self employed advisor and looking for some help. I have few clients and looking to build on my client book, I’ve contacted most of the lead generation sites and they are asking for circa £75 + vat for each client and that is expensive considering there is no guarantee and they have confirmed that around 20% convert into clients. I have looked into networking but struggle to get in as they already have an FA with them. I’m trying to think outside the box. Can anyone help or provide me with some ideas? Click…

Pete and 42 others: after some info on electric cars and best ways to lease/PCP purchase them. I have a small Limited company. My wife and I own the business and its time to change our cars having previously had two PCP deals for diesel cars. Thinking of going electric this time not got the funds to purchase will probably use the cars 50/50 with personal/business mileage am I best putting through the business this time having always done personal leasing in the past? Click…

TRAINING : Introduction to AI for Marketing and Lead Generation for IFAs is scheduled for Thursday, 19th October 2023 at 10am.

Who Should Attend?

This introductory webinar is specifically designed for IFAs, Financial Planners, Financial Advisers and Paraplanners who are open-minded to the potential that AI can bring to their business. It aims to provide a comprehensive yet straightforward roadmap for those who have heard much about AI but are uncertain about the first steps to actually integrate it into their business operations.

You Should Reserve Your Seat Now...

Due to limited availability, early registration is recommended. Secure your place by registering through the link below:

Don't miss this opportunity to transform your approach to marketing, communications and lead generation through the power of AI.

Andrew and 12 others: I am a self employed tied agent AR and work and live in a closeted world when it comes to consumer duty. I have a programme of regular client contact throughout the year and generally have a great relationship with my clients but want to take to the next level especially under the microscope of consumer duty.

Do you have any suggestions of generic financial advice and how the economy is doing regular online publications / PDFs that I could print / email to clients as additional discussion points to enhance the relationship further?

We have an internal quarterly magazine that is sent to clients but want to add greater value. I’ve stepped this up over the last 18 months and am getting a greater volume of quality referrals from my clients which has been great. Thank you. Click to comment…

From LifeTalk Marketing

Phil: IFAs - why do you have a list of your competitors visible on your LinkedIn profile? Here’s how to fix it…

Phil: As a financial adviser, is your LinkedIn profile turning away more people than it attracts? Find out with our LinkedIn Health Check. Click here…

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