UK actuarial consultancy, Punter Southall will launch a series of solutions for companies, trustees and individuals to aid them through expected changes in legislation for A-Day.
Punter Southall argues the combined efforts of consulting actuaries, investment consultants and IFAs will most benefit clients while encouraging actuaries and IFAs to provide solutions developed together.
As such, the company will provide a service including compliance advice for trustees, remuneration strategy for companies through to advice, implementation and investment solutions for individuals.
It will shortly issue the first in a series of leaflets, with the aim of structuring an ‘A-Day survival guide’ tackling challenges raised by the Finance Act and Pensions Bill.
David Cule, principal at Punter Southall says: "Tax simplification affects many more people and organizations than identified by the Treasury. Each Scheme will need to review procedures and rules, each company needs to determine strategy and each individual may want to review his personal position given the new flexibility."
Investment consultant at IFA firm PSFM Richard Meek adds there is no 'one size fits all' answer, underlining a case for clients to get advice from suitably qualified professionals.
Punter Southall's sister companies - IFA PSFM, investment consultants PSolve and investment managers HIM - will also launch the service.IFAonline
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