Assignment title: Information
It is a legal requirement that you give your client a financial services guide (FSG). (a) Outline the timing requirements for providing an FSG.(b) Identify the two (2) ways that an FSG can be presented.(c) Identify six (6) pieces of information that must be included in an FSG. (300 words)Provide a series of questions you could use to find out more about James's share portfolio and his goals and attitudes relating to the portfolio. You must include at least one (1) open-ended, one (1) reflective and one (1) closed question. Clearly specify which type of question each is. (200 words)Before giving advice to a client, it is essential to gather all the relevant information. What techniques will you use to gather sufficient information about James to determine his needs and objectives? How do you make certain he has provided you with sufficient information to formulate advice? Include discussion of both administration and soft skills. (250 wordsJames has told you he wants to maximise his savings. What are two (2) questions that you would ask James to help you quantify (or calculate) this goal? Include responses from James that will assist you to formulate an appropriate strategy for him. (200 words)Identify any administrative issues (including documents) that would need to be followed up with James regarding his existing share portfolio in order for you to be able to make recommendations. (200 words)James completed the risk profile below at his meeting with you. Based on the information he has provided, the completed risk profile questionnaire below, as well as the case study background information, determine what risk profile you believe James fits into and give reasons why you think this is the correct profile for him. Provide the asset allocation you will target for the risk profile you have determined for James. (200 words)