{"id":2680,"date":"2020-01-29T08:25:13","date_gmt":"2020-01-29T08:25:13","guid":{"rendered":"https:\/\/assignmenttask.com\/answers\/?p=2680"},"modified":"2020-01-29T08:25:13","modified_gmt":"2020-01-29T08:25:13","slug":"fnsfmb402-identify-client-needs-for-broking-services-assessment-3-answers","status":"publish","type":"post","link":"https:\/\/assignmenttask.com\/answers\/fnsfmb402-identify-client-needs-for-broking-services-assessment-3-answers\/","title":{"rendered":"FNSFMB402 Identify Client Needs for Broking Services Assessment 3 Answers"},"content":{"rendered":"<blockquote><p>If you are thinking about ordering high quality, plagiarism free assignment without making any hole in the pocket, Assignmenttask.com is the right place for you. Here 3000+ expert professionals work hard to get your assignment done on time, 100% satisfaction in <a href=\"https:\/\/assignmenttask.com\/case-study-help\/\"><strong>Case Study Assignment Help<\/strong><\/a> and <a href=\"https:\/\/assignmenttask.com\/dissertation-help\/\"><strong>Dissertation Writing<\/strong><\/a> can aid the students of Australia, UK and USA.<\/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<h2><strong>FNS40815\u00ad_ FNSFMB402 Assessment 3 Answers<\/strong><\/h2>\n<table style=\"height: 357px;\" width=\"810\">\n<tbody>\n<tr>\n<td width=\"370\"><strong>FNSFMB402 Identify client needs for broking services<\/strong><\/td>\n<td width=\"370\">&nbsp;<\/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 determine clients\u2019 finance broking requirements and explain capabilities, legal and compliance related issues so clients are aware of their rights.<\/td>\n<\/tr>\n<tr>\n<td width=\"123\"><strong>\u00a0<\/strong><\/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>Educate clients and build rapport<\/li>\n<li>Determine clients\u2019 existing financial situation<\/li>\n<li>Determine client goals and priorities with respect to broking \u00a0 services<\/li>\n<li>Prepare necessary documentation follow up<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong>Activity 1<\/strong><\/p>\n<p>Identify and explain the scope of three external dispute resolution schemes approved by ASIC for the financial services sector.<\/p>\n<p><strong>Activity 1 Answer<\/strong><\/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><strong>Activity 2<\/strong><\/p>\n<p>What are the main differences, from a purchaser\u2019s point of view, of acquiring a property through private sale and through an auction?<\/p>\n<p><strong>Activity 2 Answer<\/strong><\/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><strong>Activity 3<\/strong><\/p>\n<p>Explain how the mortgage franchisee system operates in Australia.<\/p>\n<p><strong>Activity 3 Answer<\/strong><\/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><strong>Activity 4<\/strong><\/p>\n<p>Explain why age is an important determinant in approving home loans.<\/p>\n<p><strong>Activity 4 Answer<\/strong><\/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><strong>Activity 5<\/strong><\/p>\n<p>Explain how a reverse mortgage works, including assessing some of the risks.<\/p>\n<p><strong>Activity 5 Answer<\/strong><\/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><strong>Activity 6<\/strong><\/p>\n<p>Finance and mortgage brokers are required to take reasonable steps to verify information provided by a client. What does reasonable mean in this context?<\/p>\n<p><strong>Activity 6 Answer<\/strong><\/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><strong>Activity 7<\/strong><\/p>\n<p>What sort of records must a finance\/mortgage broker keep with regard to personal advice provided to clients?<\/p>\n<p><strong>Activity 7 Answer<\/strong><\/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><strong>Activity 8<\/strong><\/p>\n<p>How must personal information be stored to comply with the requirements of the Privacy Act?<\/p>\n<p><strong>Activity 8 Answer<\/strong><\/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; color: #ff0000;\">#getanswers2001034<\/span><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are thinking about ordering high quality, plagiarism free assignment without making any hole in the pocket, Assignmenttask.com is the right place for you. Here 3000+ expert professionals work hard to get your assignment done on time, 100% satisfaction in Case Study Assignment Help and Dissertation Writing can aid the students of Australia, UK and USA. FNS40815\u00ad_ FNSFMB402 Assessment 3 Answers FNSFMB402 Identify client needs for broking services &nbsp; Unit Description This unit describes the skills and knowledge required to determine clients\u2019 finance broking requirements and explain capabilities, legal and compliance related issues so clients are aware of their <a href=\"https:\/\/assignmenttask.com\/answers\/fnsfmb402-identify-client-needs-for-broking-services-assessment-3-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":[2794,331,2790,2821,2822,2813,2814,2823,2791,2816],"_links":{"self":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/2680"}],"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=2680"}],"version-history":[{"count":1,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/2680\/revisions"}],"predecessor-version":[{"id":2681,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/2680\/revisions\/2681"}],"wp:attachment":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/media?parent=2680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/categories?post=2680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/tags?post=2680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}