Explain the role of the principal. What is the administration of documents and who normally performs this
Question:
Explain the role of the principal.
What is the administration of documents and who normally performs this function?
What minimum level of training does an adviser responsible for administration require?
What are the differences between Tier 2 and Tier 1 services? Discuss and provide three examples of Tier 1 services.
Describe the interrelationship between ASIC and other industry members.
List seven interpersonal skills that can be used to gather client and financial data.
Produce a file note to summarise interpersonal skills that were prominent during a recent client interview.
Discuss what is a literacy practice?
List four types of information used to identify client objectives, needs, and financial situation.
Discuss what skill is required for interpreting client's responses to risk questionnaires?
Discuss what is a risk assessment?
Discuss what advice should be given to clients who are seeking improved investment returns?
Discuss the information provided in this table: TABLE IS SHOWN ON THE IMAGE ATTACHED !!!
What are agreed outcomes?
Discuss what is meant by 'Client beliefs about performance'.
What is a specialist provider?
Which clients should be referred to specialists and via which form should they be referred?
Produce and describe an excerpt from a table listing only one product—for home insurance—on the four categories required for insurance products.
Describe how some clients can benefit from the tax implications of owning shares and the input tax credit system.
What can an adviser do to assist a client whose expectations about tax obligations is not being met by the performance of their current Tier 2 products?
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young