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Financial planning refresher – Upskill and earn relevant CPD hours

Financial planning is not a set of fixed steps to ensure the desired outcome. It evolves over time, and unless you stay abreast of developments, you could end up not complying with your client’s modern-day needs of achieving a comfortable standard of living in retirement. Retirement planning, in many respects, depicts the very essence of financial planning. It is forward-looking and impacts both current and future standards of living.

Moonstone Business School of Excellence (MBSE) has developed Fundamentals of Retirement Planning approved for 6.5 FSCA CPD hours. This course presents an overview of retirement planning and aims at providing practitioners with the necessary introductory background. This module will provide the practitioner with financial planning knowledge and skills to assist a client in saving adequately for retirement, including conducting a needs analysis. It is not a comprehensive study of retirement planning as the aim is to serve as a refresher on the main concepts or to build fundamental knowledge on retirement planning.

Financial planners, financial advisors, para-planners and business owners will benefit from enrolling for this course.

The course covers the following Units:

Retirement fund role players, products and key legislation;
The financial planning process and needs analysis;
Factors impacting on investment portfolio decisions.

Once you have completed the course, you will gain a broad overview of products and key legislation including the role players in retirement fund arrangements; the different retirement fund savings vehicles and their structure; an overview of the legislation impacting on retirement funds as it relates to retirement planning and income tax implications in relation to retirement fund arrangements.

Furthermore, you will be able to conduct a needs analysis following a financial planning process including determining solutions based on the results of a needs analysis; implementation; and reviewing and dealing with changes. In addition, you will be able to identify a suitable investment strategy and portfolio solution including the client’s risk profile, risk tolerance and objectives; reading fund fact sheets to determine the structure and key elements of an investment portfolio; making an investment recommendation within the constraints of Regulation 28; and other considerations including other product options.

This obviously conforms exactly to the requirement that your CPD activities must be linked directly to the business you conduct. Completing the Fundamentals of Retirement Planning will contribute more than a third of your annual obligation in this regard.

Click here to enrol.

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