Modules

Overview of the Investment Advisory Industry.

• KM1-Topic 1: Basic economic principles
• KM1-Topic 2: Needs and wants of an entity.
• KM1-Topic 3: Current affairs in the Financial Services Sector.
• KM1-Topic 4: Changing nature of the financial services industry and its consumers.
• KM1-Topic 5: Risk in a Financial Services environment.

Regulatory Requirements for advising clients regarding insurance and investments

• KM2-Topic 1: Principles of ethics.
• KM2-Topic 2: FAIS (Act 37 of 2002)
• KM2-Topic 3: Money laundering legislation.
• KM2-Topic 4: Promotion of Access to Information Act, 2 of 2002 and the Electronic Transactions and Communications Act, 25 of 2002.
• KM2-Topic 5: Protection of Personal Information Act 2020-21

Modules

Principles of Providing advice to clients regarding Insurance, Savings and Retirement Planning.

• Topic 1: Analyse the different products available in the Long-term assurance industry and the benefits of each.
• Topic 2: Apply knowledge and insight into aspects of the Long-Term Insurance Act, Act 52 of 1998.
• Topic 3: Describe disability assurance solutions in the context of financial planning.
• Topic 4: Describe the control of fraud in Long-term assurance.
• Topic 5: Explain the roles of actuaries, underwriters, claims assessors and reinsurers in Long-term assurance.
• Topic 6: Identify and explain trends and issues in the Long-term assurance market that present an abnormal risk.

Modules

Analyse clients long term wealth creation/protection needs

• Topic 1: Apply technical knowledge and understanding of business Assurance.
• Topic 2: Investigate dread disease products and their place in wealth management.
• Topic 3: Apply knowledge of the different asset classes in order to give financial advice.
• Topic 4: Apply scenario planning to explain potential risk in a specified financial services context.
• Topic 5: Research information in order to assist in conducting a financial risk assessment.

Modules

Evaluate available long-term wealth creation-protection options.

• Topic 1: Apply technical knowledge to advise and support Intermediaries on risk in long term products.
• Topic 2: Apply a researched trend to individual financial risk.
• Topic 3: Apply knowledge and skill to explain the application of structured long-term assurance portfolios.
• Topic 4: Develop a potential wealth preservation solution for an entity.

Modules

Recommend and implement the most appropriate wealth creation/protection options

• Topic 1: Provide advice (place the client in a position to make informed decisions): Demonstrate knowledge and application of ethical conduct in a business environment.
• Topic 2: Deal with client concerns: Apply the law of contract to assurance.
• Topic 3: Apply knowledge of business insurance to propose a Long-Term financial solution for a business entity.
• Topic 4: Apply knowledge of estate planning to propose a financial solution for a high net worth client.