Following the unprecedented success of our May event, where we shared Best Practice with the FCA, we are excited to share details about our upcoming Best Practice event in July. As always, this event has been thoughtfully designed to meet your CPD needs and will provide valuable insights into current regulations and upcoming industry changes.
So, what do we have planned for the July Best Practice Event?
We will have two sessions from Graeme Stewart, Head of Consultancy, beginning with an overview of the key compliance updates Paradigm has issued since our Best Practice event in May.
In our second focused session, we will examine two topics suggested in previous Best Practice feedback: the use of cashflow modelling when providing advice, and the application of Artificial Intelligence (AI) tools:
Cash Flow Modelling
We will examine what the FCA says about undertaking cash flow modelling to demonstrate suitability for retirement-related advice, as well as covering Paradigm’s guidance in this area, including a review of the recent cashflow modelling changes within our file review checklists and guidance documents
Artificial Intelligence
We will briefly review the history of Artificial Intelligence, examine key FCA commentary on AI and discuss the due diligence that firms should undertake when considering the use of AI tools. Finally, we will explore the use of AI and its data protection implications.
For this event, we will also be joined by ...
Jamie Stafford, Strategic Partners Relationship Manager at Liontrust, will update advisers on the Sustainability Disclosure Requirements (SDR) and the labelling regime, highlighting trends and consumer demand for sustainable investments. The presentation will focus on regulatory guidance and best practices for advisers under the SDR, as well as providing an update on the progress made so far by asset managers in applying for SDR labels. Finally, this presentation will showcase how Liontrust can support advisers in complying with these regulations, to enhance consumer understanding, and offer clarification and solutions regarding its position under the SDR.
Conversations with clients about death and estate planning are not easy. However, working with clients to develop a plan which allows them to reduce their taxable estate, whilst maintaining control of who can benefit from their wealth going forward, can give great comfort and relief to clients, so they know that their future generations are catered for. Join Julia Peake, Technical Manager at Nucleus Financial, as she discusses how using different types of trusts throughout the financial lifecycle of a client can really add value to their holistic financial plan.
The Agenda is as follows:
10:30 - 10:40 Introductions - David Ryder, Head of Proposition
10:40 - 11:00 Compliance Session - Graeme Stewart, Head of Compliance
11:00 - 11:30 The Sustainability Disclosure Requirement: A 2025 Update - Liontrust
11:30 - 11:40 Coffee Break
11:40 - 12:10 Trusts: Allowing clients to achieve their financial goals - Nucleus Financial
12:10 - 12:30 Focused Session: The use of Artificial Intelligence (AI) tools - Graeme Stewart
12:30 - Close
This session is open to business owners, advisers, supervisors, compliance staff, paraplanners and all other staff who fall under the Code of Conduct rules.
