Module 3 – Personal Financial Planning & Consulting

Course Objective

Covering both theory and practice, Personal Financial Planning goes beyond existing product-based regulatory guidebooks and consumer guides to personal finance. This book enables students to gain a greater breadth and understanding of all aspects of personal finance from both an academic and practical perspective.

Syllabus

1 – The Social, Economic, and Regulatory Framework for Financial Planning

• The principles of modern financial planning
• The economic and regulatory environment
• Market fundamentals
• Asset classes and investment styles
• Asset allocation in portfolio construction
• Performance measurement and monitoring

2 – Putting the Theory into Practice

• Protection insurance
• Banking and debt
• Savings
• Gilts and bonds
• Equities
• Collective funds
• Ethical investments, pensions and banking
• Tangible (alternative) assets
• Property
• Education fee planning
• State pensions (if application in the practicing market)
• Defined benefit occupational pension schemes (if application)
• Defined contribution schemes and plans (if application)
• DC funds and the retirement income
• Working and retiring abroad