Instructions

Financial Plan(40%) You should carefully read the detailed “Financial Plan Instructions document under the Financial Plan section of the course website before attempting this assessment The purpose of this assignment is to help you to develop a detailed financial plan that will act as a financial roadmap for the rest of your life. Each section of your financial plan provides you with the opportunity to reflect deeply on the theory covered in the course and to make practical, specific and detailed application of that theory to your expected future life stages. You should work on your financial plan gradually during the term as you cover each Unit. You should use the Microsoft Word template provided and submit the final document in Microsoft Word format. The financial plan that you will develop is far more comprehensive(and useful) than a typical’Statement of Advice(SOA)’that a financial adviser would prepare for a client. This is because the focus of this course is on understanding the broad issues that financial advisers need to consider when advising clients. The follow-on course to this one,FINS5537 Financial Planning Advice and Ethics,will focus on the process of developing a compliant and ethical SOA for clients.