Financial Services 1 - Loans and Pensions
Description
This module will introduce students to the world of financial services and will focus on personal loans and pensions. The module will prepare and facilitate students to undertake the Qualified Financial Advisor (QFA) examinations in Loans and Pensions by the end of the module. The module also incorporates relevant content to enable students undertake the CFA Institute 'Claritas' Investment Certificate following completion of Financial Services 1 and 2.
Learning Outcomes
Assess a client's loan requirements, compare housing loans in terms their characteristics and analyse the debt and equity release options available.
Understand and consider the long term loan offerings in the market place and the risks involved in securing this debt.
Analyse the main generic types of retirement planning needs a consumer may have at different life stages
Compare and contrast the main features, benefits, limitations and risks of the different generic types of investment linked pension policies.
Assess the different retirement benefit options, in terms of savings, investment, and drawdown and to compare the advantages and disadvantages of alternativeoptions for a consumer.