DFP- Term 6 - Assessment 1 - FNSFPL502 (3)
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FNSFPL502 – Conduct financial planning analysis and
research
ASSESSMENT ACTIVITY 1
FNS50615 Diploma of Financial Planning
Z:\++ Course Materials\Diploma of Financial planning\ FNSFPL502 – Conduct financial planning analysis and research \
Assessment\ Assessment 1 - V03102019.docx
ASSESSMENT ACTIVITY 1 - COVER SHEET
Please ensure this form is fully completed prior to submitting.
This page should be on the front of your assessment and needs to be easily accessible.
Student Number:
Student Name:
Unit Name:
FNSFPL502 – Conduct financial planning analysis and research
Qualification:
FNS50615 Diploma of Financial Planning
STUDENT DECLARATION
I hereby certify that:
1.
This assessment task is my own work based on my personal study/research and not
the work of another student and/or source.
2.
I have acknowledged all material and sources used to prepare this assessment task. 3.
I have not plagiarised or copied any part of this assessment task from the work of any other student or source either. (I know the penalties for plagiarism include $200 re-assessment fee)
4.
This assessment task has not previously been submitted.
5.
I am aware of the requirements set by my Trainer & Assessor.
6.
I have retained a copy of this assessment task for my own records.
7.
I have completed all my assessments, tasks & activities (on Moodle®) successfully.
Student’s Signature: _______________________________ Date: _________________
Z:\++ Course Materials\Diploma of Financial planning\ FNSFPL502 – Conduct financial planning analysis and research\assessments\ Assessment 1 -
V03102019.docx
Student instructions
This assessment must be based on where you work (or have worked most recently). This Assessment is designed to test the knowledge that you have acquired throughout the unit. Use the following tips to help you answer the questions:
Read each question carefully. Check with your trainer or assessor if you are not sure what the question is asking.
HINT: Use these questions as subheadings to create a business style report to answer your assessment
Your response to each question should aim to provide enough information to answer the question. In most cases, this can be done with just a few paragraphs. Don’t forget to refer to attachments under the heading (question) applicable, e.g. ‘See attached email’.
Important: Your assessment must contain this coversheet and your own coversheet (for your “report”)
Your answers & assessment submission must professional in style (Business), content and format. Maximum font size 11 points: Font Arial or Times New Roman; single spacing; clear paragraphs with appropriate punctuation, spellchecking and final submission will need to be proof-read. (i.e. few missing words or typos)
In particular:
- Use clear, non-discriminatory language
- Avoid the use of jargon
- Write clearly using plain English
- Consider your target audience
- Ensure that your responses meet the needs of the target audience (in this case your trainer or assessor).
All of your work must be original.
Performance Evidence
Evidence of the ability to:
conduct financial planning research that demonstrates:
evaluation of client’s current situation and identification of issues
identification of research requirements and parameters
extraction and analysis of information
use of a wide range of available information sources
compliance with relevant legislative and regulatory requirements, relevant industry codes of practice and organisational operating guidelines
accurately summarize research information and test its integrity
prioritize findings, validated against client requirements, and document research for financial plans.
Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.
Knowledge Evidence
identify and describe a wide range of financial products and services
discuss the risks and implications associated with use of financial products and services
explain financial products and services and the associated benefits from a financial planning perspective
identify financial industry information sources and outline research techniques for accessing this information
Z:\++ Course Materials\Diploma of Financial planning\ FNSFPL502 – Conduct financial planning analysis and research\assessments\ Assessment 1 -
V03102019.docx
compare and contrast financial planning strategies
describe the key features of:
organisational policy and procedures relating to research
relevant legislation and regulations governing trusts and companies
relevant industry code of practice requirements
describe the key features of taxation and social security systems and regulations, and their effect
on specified financial products
outline the key aspects of theories of investment, portfolio management and management of investment and risk.
Assessment Conditions
Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the financial planning field of work and include access to:
office equipment, technology, software and consumables.
Assessors must satisfy NVR/AQTF assessor requirements.
Marking and Criteria guide:
Assessor and student must read this carefully before assessment. •
All parts of the assessment must be completed successfully in accordance with the guidance provided in the Marking guide for the student to achieve competence in this unit.
•
Students & assessors must note that professionally critical aspects/concepts must be included (e.g. Knowledge of regulatory requirements and outcomes of the Banking Royal Commission 2018-2019).
•
All parts (criteria) in the marking guide must be completed successfully for the student to achieve competence in this unit.
EDUCATOR to complete
Z:\++ Course Materials\Diploma of Financial planning\ FNSFPL502 – Conduct financial planning analysis and research\assessments\ Assessment 1 -
V03102019.docx
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