This Unit Standard requires learners to apply basic economic principles to the financial services sector. It is intended to promote an in-depth knowledge and understanding of the financial services industry to ensure knowledgeable and informed workers in the sector. It will be useful for Intermediaries, Product Developers, Trustees, Underwriters, and Managers in Financial Services Organisations as well as other sectors.
The qualifying learner is capable of:
This Unit Standard promotes in-depth knowledge and understanding of current affairs in the financial services sector to ensure knowledgeable and informed workers. It requires the application of knowledge and interpretation of current affairs and provides an opportunity for the learner to integrate theory and practice and to engage in high-level thinking processes.
This Unit Standard is intended for individuals working in various roles in the financial services sector, including product development, marketing, management, financial planning, and more. It is aimed at those who provide financial advice and must understand clients' needs and risk profiles at different life stages.
This Unit Standard is intended to meet communication requirements for qualifications in financial services but may also benefit learners in other sectors. It emphasizes the ability to research and present findings on current issues using appropriate technology and discourse.
This unit provides learners with foundational economic knowledge and how it applies within the financial services industry, enhancing understanding of market forces, supply and demand, and economic systems.
Gain the ability to critically analyse and interpret current developments, news, and trends impacting the financial services landscape to make informed decisions and provide relevant advice.
Understand how an individual's financial needs and decisions evolve over time, from early adulthood to retirement, and how this influences planning and product selection.
This unit enables learners to research, structure and present well-reasoned arguments on relevant issues, improving communication and critical thinking in professional settings.
This foundational component equips learners with insight into economic, political, and social developments affecting the financial services industry. Staying informed about current affairs enables professionals to make sound decisions, anticipate market shifts, and remain compliant with evolving regulatory frameworks.