NZ CFS L5 Investment case studies
NZ CFS L5 Investment · Put your knowledge to work in context.
The New Zealand Certificate in Financial Services (Level 5) – Investment Strand is the qualification that supports the regulatory competence requirements for people giving investment advice in New Zealand. It is taken by advisers moving into or consolidating a career in investment advice, by paraplanners and support staff who want advice-level knowledge, and by lenders and insurance advisers broadening into investments. The NZ CFS L5 Investment case studies are 5 cases and about 3,691 words.
1The Platform Switch and the Fiji Conference
Priya is a financial adviser at a licensed FAP. Her client, Tom, aged 58, wants to move 180,000 from a legacy managed fund into the FAP’s preferred platform before he retires at 65.
727 words, about 4 min2The Couple Who Want 80% Growth
Ana (62) and Mike (60) have 1.2 million in a balanced KiwiSaver and a managed fund, a mortgage-free home and 20,000 cash. They plan to stop work at 65 and need 55,000 a year gross from the portfolio until NZ Super starts, then 35,000 a year.
729 words, about 4 min3The US Shares and the PIE Fund
Ravi, 47, is a NZ resident on a 33% marginal tax rate. He owns US-listed shares bought for NZ 120,000; they are now worth NZ 150,000 and pay about NZ$2,500 of gross dividends a year, with 15% US withholding tax.
757 words, about 4 min4The Employer Shares and the Mortgage
Mei, 45, earns 160,000, has 400,000 of shares in her NZX-listed employer (vested from a share scheme), 150,000 in a growth KiwiSaver, 80,000 cash and a $300,000 mortgage at 6.8%. Her employer shares are 40% of her net worth and 55% of her liquid investments.
738 words, about 4 min5The Panic Call After a Two-Year Gap
Ken, 72, retired, has 650,000 in a 60/40 managed portfolio and draws 40,000 a year. His wife died 18 months ago; he moved to a smaller home and now has 100,000 extra cash but has not told his adviser.
740 words, about 4 min