Life Planning Basics Seminars
One day life planning seminar
(in house)
Basic Module
Intermediate Module
Advanced Module
Download Brochure | pdfHow Can Life Planning be Justified?
In the twenty five years or so that we’ve been providing retirement planning programmes the most general comment from attendees has been “we wish we’d had this information years earlier”.
From those comments we developed our mid-life seminars which were aimed at those in their fifties. These proved very popular but again those that attended repeated the view that much younger people would benefit from this too. This has resulted in a need to create a more accurate title for the seminars as we are now enjoying attendees in their 20’s and above.
The pressures on hardworking employees to balance work and home life priorities are enormous! As a result important tasks such as making a will or appointing guardians for children are frequently overlooked or put on the back burner.
Providing employees with the chance to discuss these issues during a working day creates considerable goodwill for the employer. Through a Life Planning Seminar employers are demonstrating a caring attitude and making a significant contribution to reducing employee stress and improving well being.
Who decides the Agenda?
The agenda is up to the client and the majority age profile of the employees they have in mind. From our point of view if the client has sufficient employees to bank them into ten year bands then the content can be better tailored, i.e most with no or young children; most with children at university’ most concerned with caring for elderly parents or savings and investments.
What are the Objectives?
The objective are to outline a range of topics concerning aspects of our life planning that we keep meaning to research but can’t find the time to do so. It is not intended to teach your employees these topics but to create an awareness of risks and rewards that can result because of inaction or actions taken.
Abolition of Default Retirement Age
Now that the majority of employees can simply give their statutory notice period when deciding to retire there is an increasing need to provide Life Planning guidance generally rather than specific to an age. This will make Life Planning seminars increasingly of value.
From when employees join from school, college or university, through their lives as single people, with a partner or approaching the back-end of their working lives issues will arise that make them anxious or extremely stressed. Our aims are to create awareness, provide guidance and information along with re-assurance concerning action they’ve already taken.
LIFE PLANNING SEMINAR PROGRAMME CONTENT SYNOPSIS
BASIC MODULE
State Benefits:
National Insurance Rules, Qualifying for State Pension, Student Loans,
ill-Health Benefits, Tax Credits, Housing Benefits
Legal Aspects:
Who Inherits under ‘Intestacy’? Wills—When, How and at What Cost?
Guardianship of Children, Power of Attorney for Single People
Financial Planning:
Banking – High Street? Online? Telephone?, Pension Types & Pros/Cons,
Difference Between Savings & Investments, Credit & Store Cards– Their
uses and abuses.
Debt Management
When Does Credit become Debt, Consequences of Not Repaying,
Creditors, Bankruptcy Individual Voluntary Arrangements, Insolvency Practitioners.
INTERMEDIATE MODULE
Government Issues:
Redundancy – State Support, State Pension Forecasts, Benefits for Carers, Income Support.
Legal Considerations:
A Refresher on the Value of Wills, Power of Attorney for You or Parents
Healthy Lifestyle:
Taking a Look at Issues such as Diet, Exercise, Work/Life Balance, Importance of Health Checks,
Stress Management/Relaxation Techniques.
Money Management:
Funding School/University Fees, Childrens Savings, Insurances – Life & Other Types, Mortgages,
Investing for the Future, Where are You on Pensions?
ADVANCED MODULE
Government Issues:
State Pension, When Can I Claim It?, Pros & Cons of Deferring, Effects of Divorce or Widowhood,
Making up lost years of National Insurance, Pension Credit, Age Related State Benefits, Rules for Bus
Passes, Rail Cards, Free Prescriptions, etc.
Legal Aspects:
Intestacy, Wills, Guardianship of Grandchildren, Children,
Lasting Powers of Attorney, Stress Management/Relaxation Techniques
Rules on Nursing Home/Care:
Asset levels, Choices, Top Up Payments, Being Nursed at
Home, Passing Assets to Children
Financial Planning:
Investing – for Access Income & Growth, Inflation – How it
Erodes Savings, Inheritance Tax, Tax Allowances – Age
Related, Pension Options – Personal & Company, Should I Take a Pension Lump Sum?, Insurances –
Do I Need Them Now?
Prices
Our prices are tailored to each customer's needs, and are based on length and date of course, frequency and content. Please contact us for further details
Participant feedback
"Really enjoyed the day - information interesting and informative, and well delivered. More staff should attend."
" It has definitely helped me with planning for the future. Extremely beneficial!"
