Section 1: Financial wellbeing

This module aims to equip the reader with an understanding of investment strategies, including lump sum investing and cost averaging while considering risk tolerance and market conditions. The module also focuses on refining the financial advisory skills of budgeting and debt management. It addresses tailoring investments to align with client objectives, encouraging adaptability when addressing each individual’s financial concerns.

The module emphasises the importance of maintaining emergency reserves, financial safeguards and adept portfolio management during uncertain times, complementing immediate needs with long-term aspirations. 

Upon completion of this module, the reader should have an in-depth understanding of investment strategies including lump sum investing and cost averaging. The reader should feel confident in comparing different approaches and assessing strengths in diverse markets. They should understand how the mix of stocks and performance relates and how to guide clients, considering their risk concerns and long-term goals.

The reader should be able to suggest strategies to clients to enable better financial control and help them prepare for unexpected expenses and income changes. They should also understand the need for long-term planning, boosting investment outcomes and managing generational wealth, all of which should aid their clients’ financial wellbeing journey.