PDI - Financial Planning

Learning Outcomes

On completion of the module, students are expected to be able to:

• outline and assess the principal factors involved in the fact-finding of client data, according to their different aims, prioritising objectives, financial status and risk profile including various life circumstances and events;

• formulate holistic financial plans and make recommendations of options to client scenarios based on financial services and products available and different future assumptions; and

• review and provide corresponding suggestions for financial plans of client scenarios to accommodate changed circumstances and revised needs.

Learning Contents

1. Tax planning

• Marriage, family, divorce
• Personal tax planning
• Estate planning
• Trust tax planning
   

2. Retirement planning

• Pre-retirement planning for employees, self-employed and directors
• Pension options on retirement
• MPF
• Annuity, retirement products provided by the Hong Kong Mortgage Corporation Ltd
   

3. Financial protection in the event of disability, ill health or death

• Financing long-term care and protection in the event of disability and ill health
• Financial protection for a family in the event of premature death
• Business protection for partners and directors in the event of death and disability
   

4. Savings and investments

• Construction of savings and investment portfolios
• Domestic property purchase
• Asset and Wealth Management
   

5. Client analysis

• Client information
• Quantitative and qualitative data
• Client’s investment risk attitude/opinion
• Client’s existing financial arrangements
• Client’s priorities and needs
   

6. Financial planning solutions and recommendations

• Assessing a client’s needs
• Client’s taxation liability
• Formulating a plan
• Financial planning solutions and recommendations
• Consulting with other professionals
• Ethical/compliance issues
• Client’s existing arrangements
• Presentation of data
• Report writing
   

7. Reviewing clients’ financial position

• Periodic review of client's financial position
• Review strategy
• Key review periods
• Existing financial solutions
• Changes to client's circumstances
• Reviewing a client's position

Entry Requirements:

• Five HKDSE subjects at Level 2 or above, including English and Chinese Languages with 2 or more years relevant full-time work experience; or 
• Five HKCEE subjects at Grade E/Level 2 or above, including English* and Chinese Languages with 3 or more years relevant full-time work experience; or 
• Completion of a QF Level 3 programme that is deemed acceptable to the respective Programme Committee; or 
• Relevant Recognition of Prior Learning (RPL) qualification(s) at QF Level 3 or above AND a pass in an admission interview; or 
• Other relevant verifiable prior learning and/or work experience that is/are deemed appropriate by respective Programme Committee AND a pass in an admission interview.