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BAFI 1014 - Topic 1 Intro to Financial Planning and the Legal Framework of Financial Planning Environment Dr Daniel Richards & Associate

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I have an Assignment for my Finance Subject. I have attached the necessary documentation here for you to view including the Lecture slides of all the Topics covered for this assignment. Please only accept this assignment if you are confident you can complete this at a high level. If you have any questions please don't hesitate to ask. i am looking to obtain a high grade for this assessment. Thank you.

BAFI 1014 - Topic 1 Intro to Financial Planning and the Legal Framework of Financial Planning Environment Dr Daniel Richards & Associate Professor Abdullahi Ahmed Financial Planning – Chapters 1& 2
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BAFI 1014 - Topic 1 Study Guide- Financial Planning Refer to Course Guide & Timetable Read relevant chapters for each lecture Complete tutorial questions before tutorials Familiarise yourself with all course documents Participate in class in tutorials Lecturer contact – In person & email Encourage to conduct own research
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Jump to first page Analyse risk - Topic 2 Analysing the risk and return of investments Financial Planning – Chapters 2 & 4
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Analyze risk Topic 2 Learning Objectives Describe the importance of the time value of money Determine the present and future values of single and multiple cash flows, and explain the impact which compounding has on any investment alternative Understand the difference between nominal and effective interest rates Explain why risk measures are important
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BAFI 1014 Topic 3 Direct Investment Financial Planning – Chapters 4,5& 6
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BAFI 1014 Role of Financial Planner  & Financial Planning Process Our Clients Tax planning Cashflow Management Risk Management Investment Strategy Debt Advice Superannuation Strategy Social Security Planning Retirement Income Streams Banking Estate Planning Life goals tracking Wealth Accumulation SOA
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BAFI 1014 Topic 4 Managed Funds- Indirect Investment Financial Planning – Chapter 7
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BAFI 1014 Role of Financial Planner &  Financial Planning Process SOA
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BAFI 1014 Topic 6 Taxaton Planning 2 Financial Planning– Chapters 3 & 8
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BAFI 1014 Tax Planning Strategies Make superannuation contributions Timing of sales Invest in right structure Consider Risk Profile Focus on client’s objectives Tax effective Products Deductions & Offsets Salary sacrifice Growth vs Income Assets
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1 Topic 7 Social Security 2016 Financial Planning – Chapter 13
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2 What is social security? Social security represents decisions taken by communities to care for those in need. Social security benefits include unemployment benefits (NewStart Allowance) aged pension disability benefits (Disability Support Pension) Family benefits (baby bonus, Paid Parental Leave) A system whereby the government supports certain disadvantaged groups - financially (with income support) and other ways. Provides a minimum standard of living for all Australians. Social Security system comes under the Department of Human Services DHS and administered under Centrelink ( www.centrelink.gov.au )
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Topic 8 SUPERANNUATION 1 Financial Planning– Chapter 11
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SUPERANNUATION What is superannua±on? Why contribute / why not? Regula±ons Types of Superannua±on Funds Contribu±ons Preserva±on of Funds Withdrawal of bene²ts Self Managed Superannua±on Funds 2
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Practical and Written Assessment— Case Study Assignment Objectives This assessment item relates to learning outcomes 1 to 4 stated in page 3 of the Course Guide. Assessment task Question 1: Presentation Slides You have been asked to give a talk to the staff at the local primary school about financial planning. The Principal has specifically asked to address the following issues: 1. What is financial planning? 2. How do you know if an advisor is qualified to give advice? 3. The concept of risk and return 4. What is salary sacrifice and how does it work? Due date: Monday of Week 10, 9 th May 2016 Weighting: 30% Word Length: No less than 1000 words. No more than 2000 words. Content Coverage Lecture Materials 1 to 8. Learning outcomes Assessing client’s financial needs; evaluating the effects of taxation and social security on financial planning and calculating taxation liability and social security entitlements. Other objectives: problem solving skills, communication skills, critical thinking, ethical practice, writing competence.
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Required: You are required to prepare a PowerPoint Presentation (PPT) which will be the basis of your talk. ( Note: you are not required to give the actual talk). The PPT should be no more than 10 slides and should clearly address each of the above issues, but note that as a PPT you should not attempt to include full explanations on each slide. For your submission, you should submit Handouts or Notes format with at least 2 slides per page. Question 2: Case study You are a financial adviser and the following information is an extract of data you gathered as part of fact finding during an initial client consultation for married couple Jason and Sandra Barlow: Husband - Jason Barlow aged 54 Wife – Sandra Barlow aged 49 3 children –aged 26, 22 and 16 Older two children are independent, 16 year-old – Cooper attends secondary college and lives at home. Jason has annual gross income of $115,000 Sandra has gross annual income of $55,000 The couple have combined savings of $30,000 earning minimal bank interest. Jason has a balance of $320,000 in superannuation. Sandra’s superannuation balance is $125,000 The couple do not salary sacrifice. Jason has a managed fund with a current value of $40,000 They have a mortgage of $60,000 on their home. The mortgage will paid off in 4 years time. Jason plans to retire at 60 and Sandra will retire at 55. The couple have set an objective of saving at least 15% of their combined after tax income until their retirement. Assume their income will remain constant in dollar terms and that the 2015/16 tax rate will stay constant until their respective retirements. Assume that the school fees and related education expenses will remain constant and continue for the next 4 years as their son completes secondary school and an undergraduate business degree. Assume all expenses have been adjusted for inflation and will stay constant in dollar terms until the couple retire. Assume the couple both have 9.5% employer superannuation until their retirement.
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Top Answer

Hal lo i have explained fully each and how the formulas were used and for this work it does not need more explanation... View the full answer

advanced barlow.docx

QUESTION 2-CASE STUDY
2(A) Sandra Barlow’s and Jason Barlow’s annual income after tax and Medicare
Combined income for the family = Jason Barlow’s gross income + Sandra Barlow’s gross...

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