Develope a brief case study based on risk management and investment

assume you work for Manchester based company that specializes in financial advice and planning Two new clients, Takeshi and Akemi have asked you to advise them on how to better understand their finances, start planning for the future and simplify their affairs where possible

condition 1:

Takeshi (36) and Akemi (23) currently have no children although they are expecting their first child in 4 months' time. Takeshi is a warehouse operative, and Akemi is a teaching assistant. Their joint annual income is 32,000 per annum.

( pension): The couple have several pensions from previous employment, including a defined benefit pension, a stakeholder pension and several personal pensions run by insurance companies.

The couple have read about the pension time bomb and have raised concerns about their retirement provision.

(Investments): They each have savings accounts, stocks and share ISA's, Premium Bonds and Akemi has a small inherited share portfolio.

Insurance: Takeshi has life cover from work, Akemi has nothing in place.

(Other): They have a house valued at 220,000 with a mortgage of 175,000.

The house is a 2-bedroom property and Takeshi's elderly mother currently lives with them.

requirement:

a)couple asked you to explain pension time bomb and have raised concerns about their retirement provision and how the changing regulatory and risk environment in financial services impacts on risk and portfolio management.

b)Evaluate the current financial position of Takeshi and Akemi .

c)Evaluate the risks, if any, of investment and wealth management considering different asset classes that may be considered as part of any investment portfolio.

d)Evaluate the various options for Takeshi and Akemi and make justified recommendations with reference to the levels of risk and reward applicable.

e)Critically analyse, evaluate and document different approaches to managing risk

f)Critically evaluate the changing regulatory and risk environment in financial services and pension provision and the impact for risk and portfolio management