I started in June and I am about to do my exam next week. I did find the SOA (Peter and Susan) really tough but once you get used to repeating yourself so many times its starts to flow a bit better. Also just so you know once I had submitted my SOA I had another read over and realised I had made a few mistakes but still passed with great comments from Kaplan so dont be too worried.
Has anyone done the first exam? I'm a little nervous but I have done the practice exam and passed that so hopefully it will be ok!
Would love to have a study buddy for the next module! PM me if your interested
My name is Dylan - just signed up for first module a few weeks ago. Planning to submitt the assignment tomorrow arvo. Was a real big pain because it's so 'back to books' its so far away from what really happens. I'm a paraplanner and got the next 12 months to finish all modules + gearing & then become an Authorized Rep for my dealer group. Been paraplanning for 7 months now straight out of uni.
Not up for sharing emails but will be around this forum alot and happy to help anyone and bounce ideas, etc.
PM or discussion of forums - I'll do my best to contribute.
I'm just working my way through the Downers assignment at the moment.
I had no problem with the course itself but seem to be coming unstuck with this assignment!
My biggest concern is with their risk profile or rather the lack of one. Without knowing how averse to risk they are how do you know that the recommendations are suitable? I would have thought Susan Downer was more averse to risk so a high growth managed fund seems a bit risky.
Would love to go over this assignment with anyone willing to help!
I think it was pretty clear that the assignment details did not offer enough information to form a definitive risk profile for Peter and Susan. Obviously Peter was a little more aggressive/risk tolerant than Susan, but the questionnaire alone was not enough to build an entire risk profile. I basically wrote in my answers to some of the assignment questions that I would get a better picture of their risk tolerance in the meeting, and in the SOA, I had their risk profile vary based on the time horizon for each, individual investment.
Hi all, i'm just finishing off the SOA for Susan and Peter have to say i'm finding it very mind boggling, doesn't help just moved over from NZ 5 months ago and don't have much knowledge on the australian government and how stuff works.
Does anyone else find that you tend to use a lot of the information in the case study? Or am I doing this wrong?