{"id":2661,"date":"2020-01-28T14:31:27","date_gmt":"2020-01-28T14:31:27","guid":{"rendered":"https:\/\/assignmenttask.com\/answers\/?p=2661"},"modified":"2020-01-28T14:31:44","modified_gmt":"2020-01-28T14:31:44","slug":"fnsasic302-develop-present-and-negotiate-client-solutions-assessment-1-knowledge-answers","status":"publish","type":"post","link":"https:\/\/assignmenttask.com\/answers\/fnsasic302-develop-present-and-negotiate-client-solutions-assessment-1-knowledge-answers\/","title":{"rendered":"FNSASIC302 Develop, Present and Negotiate Client Solutions Assessment 1 \u2013 Knowledge Answers"},"content":{"rendered":"<blockquote><p>Looking\u00a0 for FNSASIC302 Develop, Present and Negotiate Client Solutions Assessment 1 \u2013 Knowledge Answers? Get <a href=\"https:\/\/assignmenttask.com\/assignment-help\/assignment-help-accounting-service.html\"><strong>Accounting Assignment Help<\/strong><\/a>, <a href=\"https:\/\/assignmenttask.com\/answers\/financial-management-assignment-questions-with-answers-for-finance-students\/\"><strong>Finance Management Assignment Answers<\/strong><\/a> &amp; <a href=\"https:\/\/assignmenttask.com\/mba-help\/\"><strong>MBA Assignment Help<\/strong><\/a> from PhD\/MBA Experts at cost-effective rates? Acquire HD Quality research work with 100% Plagiarism free content.<\/p><\/blockquote>\n<p style=\"text-align: center;\"><a href=\"https:\/\/assignmenttask.com\/order-now.php\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-2386 lazyload\" data-src=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1.png\" alt=\"Order-now\" width=\"552\" height=\"87\" data-srcset=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1.png 552w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1-300x47.png 300w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1-360x57.png 360w\" data-sizes=\"(max-width: 552px) 100vw, 552px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 552px; --smush-placeholder-aspect-ratio: 552\/87;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-2386\" src=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1.png\" alt=\"Order-now\" width=\"552\" height=\"87\" srcset=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1.png 552w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1-300x47.png 300w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1-360x57.png 360w\" sizes=\"(max-width: 552px) 100vw, 552px\" \/><\/noscript><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>F<\/strong><strong>NS40815<\/strong> <strong>C<\/strong><strong>e<\/strong><strong>r<\/strong><strong>t<\/strong><strong>i<\/strong><strong>ficate<\/strong><strong> IV in FINANCE &amp; MORTGAGE BROKING<\/strong><\/h2>\n<table style=\"height: 364px;\" width=\"799\">\n<tbody>\n<tr>\n<td width=\"370\"><strong>FNSASIC302 Develop, present and negotiate client solutions<\/strong><\/td>\n<td width=\"370\"><\/td>\n<\/tr>\n<tr>\n<td width=\"123\"><strong>Unit Description<\/strong><\/td>\n<td width=\"370\">This unit describes the skills and knowledge required to provide advice on deposit products, non-cash payment facilities and general insurance products.<\/td>\n<\/tr>\n<tr>\n<td width=\"123\"><\/td>\n<td width=\"370\"><\/td>\n<\/tr>\n<tr>\n<td width=\"123\"><strong>Learning Outcomes<\/strong><\/td>\n<td width=\"370\">By the end of this unit, students will be able to:<\/p>\n<ul>\n<li>Develop appropriate strategies and solutions<\/li>\n<li>Present appropriate strategies and solutions to client<\/li>\n<li>Negotiate financial plan, policy or transaction with client<\/li>\n<li>Coordinate implementation of agreed plan, policy or transaction<\/li>\n<li>Complete and maintain necessary documentation<\/li>\n<li>Provide ongoing service where requested by client<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"color: #99cc00;\"><strong>Ac<span style=\"letter-spacing: -.05pt;\">ti<\/span><span style=\"letter-spacing: -.1pt;\">v<\/span><span style=\"letter-spacing: -.05pt;\">it<\/span>y <span style=\"font-variant: small-caps;\">1<\/span><\/strong><\/span><\/p>\n<p>Identify \u00a0and \u00a0explain \u00a0key \u00a0elements \u00a0of \u00a0RG245 \u00a0that \u00a0AFS \u00a0licencees \u00a0and \u00a0representatives \u00a0must \u00a0consider when entering into ongoing fee arrangements.<\/p>\n<p>(Explain the legal environment including disclosure and compliance covering the role of the representative or adviser).<\/p>\n<p><span style=\"color: #ff0000;\"><strong>Ac<span style=\"letter-spacing: -.05pt;\">ti<\/span><span style=\"letter-spacing: -.1pt;\">v<\/span><span style=\"letter-spacing: -.05pt;\">it<\/span>y <span style=\"font-variant: small-caps;\">1<\/span> An<span style=\"letter-spacing: -.1pt;\">s<\/span>wer<\/strong><\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"691\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #99cc00;\"><strong>Ac<span style=\"letter-spacing: -.05pt;\">ti<\/span><span style=\"letter-spacing: -.1pt;\">v<\/span><span style=\"letter-spacing: -.05pt;\">it<\/span>y <span style=\"font-variant: small-caps;\">2<\/span><\/strong><\/span><\/p>\n<p>Explain the legal basis and purpose of providing a statement of advice to a client.<\/p>\n<p>(Explain the legal environment including disclosure and compliance covering relevant legal principles).<\/p>\n<p><span style=\"color: #ff0000;\"><strong>Ac<span style=\"letter-spacing: -.05pt;\">ti<\/span><span style=\"letter-spacing: -.1pt;\">v<\/span><span style=\"letter-spacing: -.05pt;\">it<\/span>y <span style=\"font-variant: small-caps;\">2<\/span> An<span style=\"letter-spacing: -.1pt;\">s<\/span>wer<\/strong><\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"691\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"margin-top: .05pt;\"><span style=\"color: #99cc00;\"><strong>Activity 3<\/strong><\/span><\/p>\n<p>Explain the legal and ethical issues surrounding the payment of trailing commissions to finance and mortgage brokers and advisers.<\/p>\n<p>(Explain the legal environment including disclosure and compliance covering the relationship between ethics and regulatory requirements).<\/p>\n<p style=\"margin-top: .05pt;\"><span style=\"color: #ff0000;\"><strong>Activity 3 Answer<\/strong><\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"691\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"margin-top: .05pt;\"><span style=\"color: #99cc00;\"><strong>Activity 4<\/strong><\/span><\/p>\n<p>Identify and explain the regulatory basis for risk disclosure in the Australian financial planning industry.<\/p>\n<p>(Name relevant industry codes of practice and conduct).<\/p>\n<p style=\"margin-top: .05pt;\"><span style=\"color: #ff0000;\"><strong>Activity 4 Answer<\/strong><\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"691\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #99cc00;\"><strong>Activity 5<\/strong><\/span><\/p>\n<p>Explain what a client should do if they have a complaint about a statement of advice. (Identify complaints resolution procedures (internal and external).<\/p>\n<p><span style=\"color: #ff0000;\"><strong>Activity 5 Answer<\/strong><\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"691\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"margin-top: .05pt;\"><span style=\"color: #99cc00;\"><strong>Activity 6<\/strong><\/span><\/p>\n<p>RG245 requires Financial Service Providers to issue Fee Disclosure Statements (FDS) to clients who enter into ongoing fee arrangements. How must a FSP provide FDSs to clients?<\/p>\n<p>(Outline relevant ASIC regulatory guidelines).<\/p>\n<p style=\"margin-top: .05pt;\"><span style=\"color: #ff0000;\"><strong>Activity 6 Answer<\/strong><\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"691\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #99cc00;\"><strong>Activity 7<\/strong><\/span><\/p>\n<p>Are insurance brokers required to issue a statement of advice to their clients? Explain your answer.<\/p>\n<p>(Summarise the characteristics and participants of Australian insurance markets and the roles played by intermediaries).<\/p>\n<p><span style=\"color: #ff0000;\"><strong>Activity 7 Answer<\/strong><\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"691\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #99cc00;\"><strong>Activity 8<\/strong><\/span><\/p>\n<p>What regulatory code must a business involved in EFT consider?<\/p>\n<p>(The types of deposit products products).<\/p>\n<p><span style=\"color: #ff0000;\"><strong>Activity 8 Answer<\/strong><\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"691\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #99cc00;\"><strong>Activity 9<\/strong><\/span><\/p>\n<p>Explain the legal basis of the term \u2018non-cash payments\u201d.<\/p>\n<p>(The types of non-cash payment products).<\/p>\n<p><span style=\"color: #ff0000;\"><strong>Activity 9 Answer<\/strong><\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"691\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong>Reference ID: <span style=\"text-decoration: underline;\"><span style=\"color: #ff0000; text-decoration: underline;\">#getanswers2001026<\/span><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Looking\u00a0 for FNSASIC302 Develop, Present and Negotiate Client Solutions Assessment 1 \u2013 Knowledge Answers? Get Accounting Assignment Help, Finance Management Assignment Answers &amp; MBA Assignment Help from PhD\/MBA Experts at cost-effective rates? Acquire HD Quality research work with 100% Plagiarism free content. &nbsp; FNS40815 Certificate IV in FINANCE &amp; MORTGAGE BROKING FNSASIC302 Develop, present and negotiate client solutions Unit Description This unit describes the skills and knowledge required to provide advice on deposit products, non-cash payment facilities and general insurance products. Learning Outcomes By the end of this unit, students will be able to: Develop appropriate strategies and solutions Present <a href=\"https:\/\/assignmenttask.com\/answers\/fnsasic302-develop-present-and-negotiate-client-solutions-assessment-1-knowledge-answers\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2787],"tags":[2794,331,2792,2790,2788,2793,2789,2791],"_links":{"self":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/2661"}],"collection":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/comments?post=2661"}],"version-history":[{"count":2,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/2661\/revisions"}],"predecessor-version":[{"id":2663,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/2661\/revisions\/2663"}],"wp:attachment":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/media?parent=2661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/categories?post=2661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/tags?post=2661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}