Further Questions & Technical Details COPY Flashcards

1
Q

Explain the process an adviser should follow to establish a clients aims and objectives

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Explain how lifetime cash flow projections are used

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Outline the process an adviser should follow to provide clients with suitable advice on their existing investments

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Outline the factors an adviser should consider and the process they should follow when recommending a fund switch

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Outline the process you would follow to enable you to review the performance of an existing investment

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What is meant by the term risk profile

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Explain why risk profiling tool might be useful in assessing their atr

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Why should an adviser not rely solely on computer based risk profiling tool to confirm a clients atr

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What does an adviser need to take into account when undertaking a risk assessment

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Explain the importance of reviewing ATRs on a regular basis

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Explain how salary sacrifice arrangement might work

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What is the ‘safe withdrawal rate’

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What is stress testing

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Compare vct’s Eis’s and seis’s

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Explain the difference between negative exclusions and positive selection

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Explain the potential advantages and disadvantages of using esg investments as part of an investment portfolio

A
17
Q

List 7 key areas for investment which may be excluded by socially responsible investment managers

A
18
Q

Explain the esg standards used to assess company’s practices

A
20
Q

Outline the difficulties that a client may face in setting up a suitable portfolio to meet her esg views

A
21
Q

Why is diversification important

A
22
Q

State the limitations of using an asset allocation model

A
23
Q

Outline the factors an adviser should consider and the process they should follow when recommending a fund switch

A
24
Q

Outline the benefits and drawbacks of being invested in tracker funds

A
25
Q

Benefits for a client of holding investments on a platform

A
26
Q

Talk to me about bare trust and discretionary trust

A
27
Q

What are the duties or trustees

A
28
Q

What are the advantages of having valid wills

A
29
Q

Explain the key duties of an executor of a will

A
30
Q

Identify the key instructions that should be included in a will

A
31
Q

Talk to me about LPA

A
32
Q

Talk to me about property and financial affairs - duties and powers

A
33
Q

Talk to me about health and welfare - duties and powers

A