RFP Module 1 case studies

RFP Module 1 · Put your knowledge to work in context.

The Registered Financial Planner (RFP) is a professional financial planning qualification offered by the Malaysian Financial Planning Council (MFPC), an independent body dedicated to advancing the financial planning profession through best practice standards and a Code of Ethics for RFP and Shariah RFP designees. The RFP programme is structured as a capstone programme, with Module 7 described as the final step towards completing the RFP / Shariah RFP journey. The RFP Module 1 case studies are 5 cases and about 4,536 words.

The HK$19,500 surplus and two investment-linked policies

Mei, 34, and Jon, 36, both work full-time in Hong Kong. Combined gross income is HK 96,000 a month; take-home pay is HK 81,000.

913 words, about 5 min 2

A questionnaire score of 78 and a client who cannot sleep

Alan is 61 and plans to stop work at 65. He holds HK 7.8 million across a 78/22 equity/bond portfolio, plus an outstanding mortgage of HK 1.9 million (monthly payment HK 19,800, nine years remaining).

874 words, about 4 min 3

Unfunded buy-sell, personal guarantee and no successor capital

Priya, 52, owns 68% of a Hong Kong freight-forwarding company. On a five-times-EBITDA basis the whole company is worth about HK 46 million, so her stake is roughly HK 31 million.

926 words, about 5 min 4

Polyps, a competitor's threat and HK$3.6 million of commission-driven replacement

Ken, 45, is applying for a HK 6 million life policy with a critical illness rider; the annual premium is HK 150,000 and the tied agent would earn 60% first-year commission on it. Four years ago, after a medical examination, Ken bought a HK$2 million whole-of-life policy with a critical illness rider, which he now says he will cancel to help pay the new premium.

898 words, about 4 min 5

A 6.1% withdrawal rate, a 14% drawdown and a request to go to 85% equities

Susan, 67, retired two years ago with a HK 9.2 million portfolio in a 60/40 allocation. She draws HK 40,000 a month, HK 480,000 a year, which was about 5.2% of the starting value.

925 words, about 5 min