Get Original Solution – Background and Case Study You are a financial advisor at a reputable financial services firm in New Zealand. Your clients, Alex and Jamie, are a young couple in their early 30s. Alex works as a software engineer at a tech c - EssayQuest

ASSESSMENT QUESTIONS

Background and Case Study

You are a financial advisor at a reputable financial services firm in New Zealand. Your clients,

Alex and Jamie, are a young couple in their early 30s. Alex works as a software engineer at a tech company, while Jamie is a marketing manager at a retail firm. They have been married for three years and are planning to start a family soon. Both have stable incomes, with Alex earning NZD 130,000 per year and Jamie earning NZD 110,000 per year.

Alex and Jamie have several financial goals they want to achieve over the next 10-20 years:

Buying a Home: They currently rent an apartment but want to buy a house within the next two They are looking at properties in the NZD 800,000 to NZD 1,000,000 range.
Starting a Family: They plan to have two children and want to ensure they have sufficient savings for childcare, education, and other related
Saving for Children’s Education: They want to start saving for their children’s university education early to avoid financial stress in the
Retirement Planning: Although retirement is still a few decades away, they want to start building a solid retirement fund to ensure financial security in their later
Emergency Fund: They aim to build an emergency fund but are unsure how much they need to put aside for
Estate Planning: They want to ensure that their assets are properly managed and

distributed according to their wishes in the event of their passing. This includes creating wills, setting up trusts, and designating beneficiaries.

Tax Planning: They want to optimize their tax situation to maximize their savings and investments. This includes understanding tax deductions, credits, and strategies for tax- efficient

Alex and Jamie have approached your firm for comprehensive financial advisory services to help them achieve these goals. They are looking for guidance on the best financial products and services to use, as well as a detailed financial strategy that aligns with their objectives.

Please ensure you clearly label each question.

Question 1 Financial Products and Services Overview (14 marks words 350)

Alex and Jamie dont know much about what is available to them. To help them understand what is available to them, prepare a presentation to:

Describethe various financial products and services that Alex and Jamie might need as they plan their Include at least seven different products or services, such as mortgages, savings accounts, investment options etc.
Explainthe purpose and benefits of each product or service in the context of Alex and Jamie’s financial goals.

1 mark for each product or service identified totalling 7 marks.

0.5 mark for the correct explanation of purpose of each product or service in context of Alex and Jamies financial goals totalling 3.5 marks.

0.5 mark for the correct explanation of benefits of each product or service in context of Alex and Jamies financial goals totalling 3.5 marks

Question 2 Financial Advisory Solutions (83 marks words 2000)

Prepare a report, with clear structure and headings for each section. Use real-world data and examples relevant to New Zealand to support your analysis and recommendations. The report should be approximately 2,000 words. Include references to relevant financial theories, models and frameworks.

A. Market Analysis: (6 marks)

Conduct a detailed analysis of the current financial markets and economic environment in New Zealand. Discuss how these factors might impact Alex and Jamie’s financial plans.

3 marks for analysis current financial markets 3 marks for analysis of economic environment

B. Financial Systems and Participants: (15 marks)

Identify key financial systems and participants in New Zealand that Alex and Jamie will interact with during their financial planning. Explain the role of each participant in the financial ecosystem.

5 marks for identifying correct financial systems and participants

5 marks for correct explanation of their role in the financial ecosystem 5 marks for linking to Alex and Jamie

C. Customized Financial Strategy: (35 marks)

Develop a comprehensive financial strategy, that addresses all their goals, for Alex and Jamie. This should include recommendations on savings plans, investment strategies, retirement planning, estate planning, and tax planning.

5 marks for addressing each area

D. Implementation Plan: (20 marks)

Outline a step-by-step plan for implementing the financial strategy. Include timelines, key milestones, and responsible parties.

5 marks for correct implementation process 5 marks for timelines

5 marks for key milestones

5 marks for responsible parties

E. Evaluation and Monitoring: (10 marks)

Propose methods for evaluating the effectiveness of the financial strategy and monitoring ongoing financial performance. Suggest key performance indicators (KPIs) and reporting mechanisms.

5 marks for explaining key performance indicators 5 marks for explaining reporting mechanisms

Marking Criteria

Each of the parts of your assessment will be marked according to the following criteria: Content: Understanding; coverage; discrimination; accuracy; relevance.

Structure: Well structured: correct format, accurate punctuation, spelling and grammar; logical and clear written expression; correct referencing.

Skills: Development of ideas; integrates theory and research evidence into analysis; points linked and justified; application to context; findings are based on evidence and logical argument.

Research: Other research conducted from various sources, regulations and legislation sourced correctly, applied in context, interpreted in own words where applicable

Question 1: Financial Products and Services Overview (14 marks 350 words)

Criteria

Marks

80- 100%

65- 7G%

50- 64%

40- 4G%

0- 3G%

Description of Financial

Products/Service s

Describes all 7 products/services accurately and relevantly.

Describes 5-6 products/services accurately and relevantly.

Describes 4

products/services with some relevance.

Describes 2-3 products/services with limited relevance.

Describes 0-1 products/services with minimal or no relevance.

Explanation of Purpose

3.5

Provides clear, accurate, and

contextually relevant explanations for all products/services.

Provides clear and accurate

explanations for most products/services with some contextual relevance.

Provides explanations for some

products/services, but lacks clarity,

accuracy, or contextual relevance.

Provides limited explanations with significant

inaccuracies or lack of context.

Fails to provide explanations or explanations are mostly inaccurate and lack context.

Explanation of Benefits

3.5

Provides clear, accurate, and

contextually relevant benefits for all

products/services.

Provides clear and

accurate benefits for most

products/services with some contextual relevance.

Provides benefits for some

products/services, but lacks clarity,

accuracy, or contextual relevance.

Provides limited benefits with significant

inaccuracies or lack of context.

Fails to provide

benefits or benefits are mostly inaccurate and lack context.

Question 2: Financial Advisory Solutions (86 marks 2000 words)

Market Analysis (6 marks)

Criteria

Marks

80- 100%

65- 7G%

50- 64%

40- 4G%

0- 3G%

Analysis of Current Financial Markets

Provides a detailed, accurate analysis with relevant data and insights

Provides a good analysis with some relevant data and insights.

Provides a basic analysis with limited data and insights.

Provides a superficial analysis with minimal data and insights.

Fails to provide a

meaningful analysis with relevant data.

Analysis of Economic Environment

Provides a detailed, accurate analysis with relevant data and insights.

Provides a good analysis with some relevant data and insights.

Provides a basic analysis with limited data and insights.

Provides a superficial analysis with minimal data and insights.

Fails to provide a

meaningful analysis with relevant data.

Financial Systems and Participants (15 marks)

Criteria

Marks

80- 100%

65- 7G%

50- 64%

40- 4G%

0- 3G%

Description of Financial Systems and Participants

Describes all key systems and

participants

accurately and relevantly.

Describes most key systems and

participants

accurately and relevantly.

Describes some key systems and

participants with some relevance.

Describes few key systems and

participants with limited relevance.

Fails to describe key systems and

participants accurately or relevantly.

Explanation of Roles

Provides clear, accurate, and

contextually relevant explanations for all roles.

Provides clear and accurate

explanations for most roles with some contextual relevance.

Provides explanations for

some roles, but lacks clarity, accuracy, or contextual relevance.

Provides limited explanations with significant

inaccuracies or lack of context.

Fails to provide explanations or explanations are mostly inaccurate and lack context.

Relevance to Alex and Jamie

Clearly links all systems and

participants to Alex and Jamie’s situation with detailed relevance.

Links most systems and participants to Alex and Jamie’s situation with some relevance.

Links some systems and participants to Alex and Jamie’s situation with limited relevance.

Links few systems and participants to Alex and Jamie’s situation with minimal relevance

Fails to link systems and participants to Alex and Jamie’s situation accurately or relevantly.

Customized Financial Strategy (35 marks)

Criteria	Marks	80- 100%	65- 7G%	50- 64%	40- 4G%	0- 3G%
Savings Plans	5	Provides detailed, relevant, and actionable recommendations.	Provides good recommendations with some relevance and actionability.	Provides basic recommendations with limited relevance and actionability.	Provides superficial recommendations with minimal relevance and actionability.	Fails to provide meaningful recommendations.
Investment Strategies	5	Provides detailed, relevant, and actionable recommendations.	Provides good recommendations with some relevance and actionability.	Provides basic recommendations with limited relevance and actionability.	Provides superficial recommendations with minimal relevance and actionability.	Fails to provide meaningful recommendations.
Retirement Planning	5	Provides detailed, relevant, and	Provides good recommendations	Provides basic recommendations with limited	Provides superficial recommendations with minimal	Fails to provide meaningful recommendations.

actionable

recommendations.

with some relevance and actionability.

relevance and actionability.

Estate Planning

Provides detailed, relevant, and

actionable

recommendations.

Provides good recommendations with some relevance and actionability.

Provides basic recommendations with limited relevance and actionability.

Provides superficial recommendations with minimal relevance and

actionability.

Fails to provide meaningful

recommendations.