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5 Cards in this Set
- Front
- Back
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Name the 5 methods of compensation for planners in Canada.
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Fee only: Commission only: Fee plus commission: Salary: Percentage of assets.
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What are some of the challenges faces clients with changing family patterns?
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Decrease in traditional households: increase in single person households: Traditional families facing challenges in financially supporting aging parents and children.
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What areas are facing rising costs in Canada?
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Increase in living costs: Increase in raising families: Higher education costs: Larger mortgages based on family income levels
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What are the general responsibilities of a PFP professional? |
You will be professional, compliant, and recognize your limitations, excercise due diligence and practice with sound judgement.
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What are the PFP responsibilities to the client?
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Demonstrating respect, honesty, due diligence and practicing sound compliance, you will honour the trust of clients, while providing an environment of confidentiality, free from discrimination.
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