ACBUS107A Financial Planning Fundamentals Strategy Sheet

This assignment presents a financial planning strategy consideration sheet designed for a client. It covers personal information, recommended strategies, and alternative strategies. The sheet details budgeting, debt management, and lifestyle changes. It includes product recommendations, such as cash & term deposits, investments, and superannuation options. For each product, the sheet specifies the amount to be invested, owner, and other relevant details. The assignment considers whether the recommended strategy and product recommendations meet the client's needs, objectives, and risk profile. The document provides a comprehensive overview of the financial planning process, including investment options and pre-retirement strategies. The assignment is part of the Financial Planning Fundamentals course (ACBUS107A), emphasizing the components of the financial planning process in Australia, referencing consumers, advisers, industry bodies, government regulators, and the Financial Planning Standards Board body of knowledge.

Strategy Consideration Sheet
Client name:
Adviser Name:
Date to be presented:
Complete Advice  Limited Scope  Review 
Personal Information to be included in the plan:
Recommended Strategy (meet objectives and take into consideration risk profile)
1.________Budgeting__________________________________________________
_____________________________________________________________________
_____________________________________________________________________
________Debt Management
2.___________________________________________________________________
_____________________________________________________________________
____________________________________________________________________
3.______Change of Lifestyle
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________
4._____Wise Use of Credit Cards
_____________________________________________________________________
_____________________________________________________________________
______________________________________________________________
Alternative strategies Considered
1.________NONE_____________________________________________________
_____________________________________________________________________
_____________________________________________________________________
______
2.___________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
3.___________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

Product Recommendations
Source of Funds Amount available to invest
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
Cash & Term Deposits (assess liquidity needs)
Term Amount to be invested Frequency Owner
________ Month
________ Year
$ Monthly 
Quarter 
Half yearly 
Annually 
At maturity 
Comments: __________________________________________________________
_____________________________________________________________________
Investments
Fund
Profile
Amount to
be invested
Owner Reinvest
Income
Fixed Payment
Plan Amount
Frequency
Eg M/Q/H/Y
Indexation
of Fixed
Payment
Conservative $ Yes 
No 
$
Cautious $ Yes 
No 
$
Prudent $ Yes 
No 
$
Assertive $ Yes 
No 
$
Aggressive $ Yes 
No 
$
Comments: __________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

Superannuation
Fund Option Amount to be invested Owner Type of Contribution
Guaranteed Cash $
Conservative $
Cautious $
Prudent $
Assertive $
Aggressive $
Comments: __________________________________________________________
____________________________________________________________________
Pre-Retirement Options
Amount to be invested Owner Type of Contribution/Fund
$
$
$
$
Comments___________________________________________________________
_____________________________________________________________________
Investment
Option
Amount to
be invested
Owner Allocated
Pension drawing
Frequency
Eg M/Q/H/Y
Indexatio
n of
Income
Type of
Beneficiary
Guaranteed
Cash $ Min 
Max 
Other $
None 
CPI 
Fixed %
None 
Reversionary 
Lump Sum 
Discretionary 
Conservation $ Min 
Max 
Other $
None 
CPI 
Fixed %
None 
Reversionary 
Lump Sum 
Discretionary 
Cautious $ Min 
Max 
Other $
None 
CPI 
Fixed %
None 
Reversionary 
Lump Sum 
Discretionary 
Prudent $ Min 
Max 
Other $
None 
CPI 
Fixed %
None 
Reversionary 
Lump Sum 
Discretionary 
Assertive $ Min 
Max 
Other $
None 
CPI 
Fixed %
None 
Reversionary 
Lump Sum 
Discretionary 
Aggressive $ Min 
Max 
Other $
None 
CPI 
Fixed %
None 
Reversionary 
Lump Sum 
Discretionary 
Comments___________________________________________________________
____________________________________________________________________

Does your recommended strategy meet the client’s needs and objectives?
Yes  No  if no why? ________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
Does your product recommendation meet the clients risk profile?
Yes  No  if no why? ________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________
_____________________________________________________________________