Data Analysis Flashcards
1
Q
This stage involved the analysis of the client’s personal and financial info in order to identify and assess financial planning issues relevant to the client and to the achievement of their future goals and objectives.
A
Data Analysis
2
Q
Why do we need to prepare comparison reports of different superannuation funds and insurance providers?
A
To choose and select the most cost-effective product for the client that caters to his goals and objectives.
3
Q
What are the ramifications if wrong info was gathered regarding the client’s existing funds?
A
This could lead to wrong comparison reports and wrong advice could be given to the client.
4
Q
Web-based app used to compare and recommend products
- compare superannuation from another
- account-based pension
- investments
- insurance outside super
A
Product comparison tool (PCT)
