Question 1 State the main areas that a financial adviser should cover when carrying out an annual review for a typical retail client. (5 marks) Question 2 List the factors that an independent financial adviser should consider, when comparing providers of whole of life assurance policies, when making recommendations to individuals. (5 marks) Question 3 Ahmed is self employed and is considering incorporating his business. State the drawbacks of Ahmed proceeding with this course of action. (5 marks) Question 4 Colin and Sally are married and in their mid-thirties. Both of them are employed and neither of them have ever received financial advice in the past. Outline the main benefits that Colin and Sally could expect to receive if they took on the services of a qualified independent financial adviser.

AFA Coursework – Session B70450
This page contains key information for the preparation and submission of your
coursework assignment for courses of study beginning 3 April 2017. Before
attempting this coursework, please ensure this is the correct one you are
registered for.

More detailed instructions can be found on your course site.

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Question 1 State the main areas that a financial adviser should cover when carrying out an annual review for a typical retail client. (5 marks) Question 2 List the factors that an independent financial adviser should consider, when comparing providers of whole of life assurance policies, when making recommendations to individuals. (5 marks) Question 3 Ahmed is self employed and is considering incorporating his business. State the drawbacks of Ahmed proceeding with this course of action. (5 marks) Question 4 Colin and Sally are married and in their mid-thirties. Both of them are employed and neither of them have ever received financial advice in the past. Outline the main benefits that Colin and Sally could expect to receive if they took on the services of a qualified independent financial adviser.
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Ensure that you read all the information below before starting your
assignment.
Key information
 Referencing: Information is available on your course site relating to the minimum
requirements if references are used.
 Weighting: The coursework assignment contributes 30% to the overall assessment.
 Pass mark: The pass mark for this component is 50% although contribution may be
used for marks between 45% – 49%.
 Submission: You are required to submit your coursework directly to TurnitinUK using the
link and guidance provided on your course site.
 Deadline: You must submit your coursework on or before: Midday 31 July 2017. Late
submissions will not be marked. Assignments submitted before the required date will not
be marked until after that date regardless of when they are received. It is your
responsibility to ensure that your coursework has been successfully submitted.
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AFA Coursework – session B70450 for midday 31 July 2017 submission:

Main Task
As an independent financial adviser (IFA) within a large authorised
firm, you have been asked by your manager to write a document which
is to be given to trainee financial advisers at the end of a training day.

Your manager has indicated that the focus of the training day is on the
options which are available for clients who are wishing to provide funds
for sending their children for private schooling. The document needs to
provide an overview of the different types of investments which are
available to assist private clients with their needs in this area, and all of
the other considerations that a financial adviser would need to take into
account when formulating a robust financial plan for a client to pay for
private school fees. It is expected that the main features of each
financial product should be covered, and that the document should
focus particularly on the financial planning elements of school fees
planning. Full details of the taxation treatment for each product type
should also be provided.

Part of the brief is to create at least one case study within the
document, so that the trainee financial advisers can demonstrate how
such a financial plan would be developed ‘in the real world’ to meet a
client’s need.
Your document should be presented in an appropriate style and should
use appropriate technical language. The document should include any
supporting calculations to underpin your considerations. You are
required to provide a comprehensive discussion on the subject.
(75 marks maximum) – 60 marks are available for the content of the document
and 15 marks are available for the communication and presentation style.

Note: Coursework responses for the Main Task must not exceed 4,000 words. The
assignment has been developed to be answerable within this word count and words
over this maximum will not be marked. If you quote from any sources in the Main
Task, these will count towards the maximum word count.

You should ensure that any quotes used conform to our exact referencing
format. Referencing guidance is available on the course site.

There is no minimum number of words. It is left to your judgement, depending on the
structure and content of your answer, as to how many words you use up to the
maximum limit to formulate your response.

NB: Neither the Main Task nor the Short Answer Questions require the
completion of a bibliography, however if references are used within the Main
Task, a reference list must be provided at the end. Please see the course site
for guidance on referencing and creating a reference list.

Short Answer Questions
Question 1

State the main areas that a financial adviser should cover when carrying out an
annual review for a typical retail client.
(5 marks)

Question 2
List the factors that an independent financial adviser should consider, when
comparing providers of whole of life assurance policies, when making
recommendations to individuals.
(5 marks)
Question 3

Ahmed is self employed and is considering incorporating his business. State the
drawbacks of Ahmed proceeding with this course of action.
(5 marks)
Question 4

Colin and Sally are married and in their mid-thirties. Both of them are employed and
neither of them have ever received financial advice in the past.

Outline the main benefits that Colin and Sally could expect to receive if they took on
the services of a qualified independent financial adviser.

(Total – 100 marks maximum)

(10 marks)