Topic 19 Flashcards
0
Q
Soft and hard facts
A
Hard facts- fam details, fin situation
Soft- objectives, feeling about future
1
Q
5 area of individuals fin needs and obj
A
Protect dep, premature death Self and dep, a&s Income in retirement Increase or protect value of savings and inv Mitigating tax
2
Q
Psycometric approach ?
A
Attitude to riskin general by assesing their knowledge, experiance, attitude
Validated statisticall
