Meet the Joneses Financial planning across the generations

The Joneses Case studies

Explore our case studies to find out how members of the Jones family use pensions to achieve financial goals across the generations.

We cover a wide range of pension technical topics, including:

  • Group property purchases and ownership
  • Structuring expressions of wishes
  • Succession planning for commercial properties
  • Third party contributions
  • Disqualifying pension credits

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Jones family tree

How to meet the Joneses

We have two series of Jones family case studies: the second series is set four years after the first.

However, unless otherwise stated, all of the case studies are based on the current tax year’s rules.

Click on the drop down arrow of each character below for an overview of their situation at the start of Series 1, and to read case studies associated with that character.

All characters in the Jones family are fictional and intended for demonstrative purposes only.

Harald Felsing
KAROLINA'S FATHER
  • Has dementia
  • Has recently gone into care

SERIES 1:
DECISIONS FOLLOWING A DEFINED BENEFIT TRANSFER

Margaret Jones
FRED’S SPOUSE, DAN & JULIA’S MOTHER
  • Has pension which includes funds in nominees’ drawdown
  • Wants to leave pension to her grandchildren

SERIES 1:
ASSETS ON EXPRESSIONS OF WISHES
NO EXPRESSION OF WISHES AND INHERITED FUNDS

Fred Jones
MARGARET’S SPOUSE, DAN & JULIA’S FATHER, STEVE’S BROTHER
  • Owns and runs business with his son Dan
  • Owns business premises with his son Dan and daughter Julia
  • Wants to leave pension to his grandchildren

SERIES 1:
GROUP CONNECTED PARTY PURCHASE
ASSETS ON EXPRESSIONS OF WISHES
NO EXPRESSION OF WISHES AND INHERITED FUNDS

SERIES 2:
CONTRIBUTING AFTER AGE 75

Steve Jones
FRED’S BROTHER
  • Living between UK and Canada
  • Needs to access his pension benefits

SERIES 1:
CHARITY LUMP SUM DEATH BENEFITS
REGULAR UFPLS
JOINT TITLE OWNERSHIP PROPERTY PURCHASE

SERIES 2:
CONTRIBUTING AFTER AGE 75

Karolina Jones
HARALD’S DAUGHTER, DAN’S SPOUSE, PAULA & ALFIE’S MOTHER
  • Previously completed a DB transfer

SERIES 1:
DECISIONS FOLLOWING A DEFINED BENEFIT TRANSFER

SERIES 2:
LEAVING DEATH BENEFITS TO A TRUST

Dan Jones
FRED & MARGARET’S SON, KAROLINA’S SPOUSE, PAULA & ALFIE’S FATHER, JULIA’S BROTHER
  • Owns and runs business with his father Fred
  • Owns business premises with his father Fred and sister Julia

SERIES 1:
GROUP CONNECTED PARTY PURCHASE
NO EXPRESSION OF WISHES AND INHERITED FUNDS

SERIES 2:
LEAVING DEATH BENEFITS TO A TRUST
CARRY FORWARD

Julia Jones
FRED & MARGARET’S DAUGHTER, SARA’S EX-PARTNER, FLO’S MOTHER
  • Has pension which includes a disqualifying pension credit
  • Owns business premises with her father Fred and brother Dan
  • Suffers from arthritis and plans to retire at 55
  • Keen to support her daughter Flo

SERIES 1:
DISQUALIFYING PENSION CREDIT
GROUP CONNECTED PARTY PURCHASE
NO EXPRESSION OF WISHES AND INHERITED FUNDS
THIRD PARTY CONTRIBUTIONS AND SCHEME PAYS PART 1

SERIES 2:
ILL HEALTH EARLY RETIREMENT
THIRD PARTY CONTRIBUTIONS AND SCHEME PAYS PART 2

Sara Calvi
JULIA’S EX-PARTNER, FLO’S MOTHER
  • Savings have been reduced by pension sharing order

SERIES 1:
DISQUALIFYING PENSION CREDIT

Paula Jones
KAROLINA & DAN’S DAUGHTER, ALFIE’S SISTER
Alfie Jones
KAROLINA & DAN’S SON, PAULA’S BROTHER
  • Works for his father Dan and grandfather Fred’s business
  • Plans to eventually take Fred’s place when he retires

SERIES 1:
ASSETS ON EXPRESSIONS OF WISHES
NO EXPRESSION OF WISHES AND INHERITED FUNDS
CONTRIBUTIONS FROM DEATH BENEFITS

SERIES 2:
LEAVING DEATH BENEFITS TO A TRUST

Flo Calvi-Jones
JULIA & SARA’S DAUGHTER
  • Freelance illustrator with unpredictable income
  • Recently opened first pension with a gift from her mother Sara

SERIES 1:
ASSETS ON EXPRESSIONS OF WISHES
NO EXPRESSION OF WISHES AND INHERITED FUNDS
CONTRIBUTIONS FROM DEATH BENEFITS
THIRD PARTY CONTRIBUTIONS AND SCHEME PAYS PART 1

SERIES 2:
THIRD PARTY CONTRIBUTIONS AND SCHEME PAYS PART 2

Unstructured CPD

The Jones family case studies are eligible for unstructured CPD.

Once you have read through all of the case studies you can download and complete your CPD certificate below.

The form contains editable name, date and number of hours of CPD fields.

Jones family CPD certificate

Jones family CPD certificate

pdf | 816 KB

Find out more

For further information please speak to your local Business Development Manager.

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