PROFESSIONAL AND PERSONAL DEVELOPMENT
NEW TRAINING WORKSHOPS FOR 2021 !
Since Group Training & Knowledge
was founded in 2019 , it has delivered training and knowledge services to our members and clients in three core areas :
• Compliance
• Technical
• Soft Skills
Compliance training has included GABRIEL and SM & CR workshops . Technical workshops have spanned investment , taxation , and pensions , to help our Members and Clients prepare for advanced diploma examinations . Soft skills courses have provided practical tools for advisers and supervisors . We ’ ve also recently launched a brand-new , online , video-based Vulnerable Customers Skills course available on the website . But , for 2021 , we ’ ve added two new courses to our array of awesome courses :
1 . Top Slicing Calculations 2 . Cashflow Modelling Mathematics
Top slicing calculations Top slicing relief is one of these concepts that many IFAs simply don ’ t get . This is perfectly understandable , it ’ s overly complicated , and the only people who really seem to understand it are technicians . And , in general , technicians are not particularly great at explaining such concepts simply – of course , our fabulous Tax and Trust Technicians are that rare exception . Top slicing relief does not manifest by simply dividing the gain by the number of complete policy years and adding this to the
client ’ s other income for the tax year . This is a very common misunderstanding , if not the most common misunderstanding , about what top slicing relief is and what it does .
Our Top-Slicing Calculations workshop is a safe , no nonsense , no PowerPoint zone . It ’ s just you , a trainer , a whiteboard , and example after example after example . For three hours . If you don ’ t get top slicing after this , we will eat our collective hats . This is not life office , provider-sponsored content trying to sell you investment bonds . This is 100 % independent content focused on getting you to fully understand this concept so that it ’ s not forgotten anytime soon . We also provide you with our amazing Guide to Investment Bonds ! By the end of this workshop , you will be able to :
• explain the six steps of the top-slicing relief calculation
• complete basic and intermediate top-slicing relief calculations
• correctly apply top-slicing relief to basic , intermediate , and complex income tax calculations , featuring a variety of different scenarios .
Cashflow modelling mathematics Cashflow Modelling Mathematics is also a no PowerPoint zone . You will be provided with a calculations sheet , and , using Microsoft Excel , we will go through these calculations one by one , to demonstrate how they ’ re used by professional cashflow modelling software to produce cashflow models . We don ’ t just tell you how cashflow models work – we teach you how to build one – and explain the output to clients . By the end of this workshop , you will be able to :
• explain the basic mathematical principles and formulae underpinning deterministic and stochastic cashflow models
• explain deterministic and stochastic cashflow models simply to retail investment clients
• define and explain related concepts such as standard deviation , inflation , and capacity for loss in the context of cashflow modelling .
If you ’ re interested in these threehour workshops , get in touch at m . pashley @ simplybiz . co . uk , or check out the GT & K hub on the website .
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