Initial Appointment | My Assignment Tutor

Part B detailed template instructions Client’s name: Date of contact: Re: Initial Appointment FSG and adviser profile Lucas was handed Financial Services Guide (FSG) version 9.0, issued 30/06/2020, at the interview on . The FSG was explained to Lucas and he agreed to proceed. Scope of advice The SOA will provide advice on: the achievement of wealth creation and lifestyle goals;personal insurances i.e. life, total & permanent disability (TPD), income protection (IP), trauma and private health insurance;superannuation and retirement planning (including before and/or after-tax contributions);estate planning; andany social security and taxation planning considerations (where relevant). The SOA excludes any budgeting and cash flow analysis. Client to be advised on the risks of not receiving advice in these areas. Current situation Your personal profileLucas BlacksmithDate of birthCurrent ageMarital statusResidency StatusResidential addressTelephoneEmail addressEmployment statusDependents / ChildrenCurrent age & date of birthYour healthCurrent healthPre-existing medical conditions?Member private health fundSmoker?Family history considerations?Lifestyle AssetsValuee.g. house, cars, home contents etcSubtotal Financial Assets – Non-SuperValuee.g. bank accounts, shares, rental property, managed funds etcSubtotal Financial Assets – SuperValueProvide details of any superannuation fund(s) heldSubtotalAssets Total LiabilitiesLimitAmount outstandingInterest rateRepaymentProvide details of any liabilitiesLiabilities TotalNet Worth (Assets – Liabilities)$x Income$Income source e.g. salary / wages, dividends, rental income etcIncome Total Expenses – N/A for this assignment Estimated Cash Surplus / (Deficit) per month$x OwnerInsurance TypeInsurance ProviderBenefit AmountWaiting PeriodBenefit Periode.g. Lucas / super funde.g. income protection Estate planningDo you have a Will?Provision for testamentary trustDo you have a Power of Attorney?Type / Attorney’s nameBinding Death Nomination? Potential issues / special consideration x Objectives x Risk profile x Wealth creation & lifestyle recommendations – outside superannuation Goal [Holiday] Recommended strategy: x Advantages of strategy [reasons why] x Disadvantages of strategy x Alternatives considered x Goal [Boat] Recommended strategy: x Advantages of strategy [reasons why] x Disadvantages of strategy x Alternatives considered x Goal [Car] Recommended strategy: x Advantages of strategy [reasons why] x Disadvantages of strategy x Alternatives considered x Wealth creation recommendations – superannuation / retirement planning Goal [sort out superannuation / retirement planning] Recommended strategy: x Advantages of strategy [reasons why] x Disadvantages of strategy x Alternatives considered x Wealth protection (insurance) – recommendations Life insurance x Total and permanent disability (TPD) insurance x Income protection (IP) insurance x Trauma insurance x Private health insurance x Estate planning In terms of Estate Planning, we recommend Lucas: x Other x Appendix 1 – Future value (FV) calculations [outside super] Appendix 2 – Future value (FV) calculations [superannuation / retirement planning]

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