The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Establish relationship with client
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A range of communication and interpersonal skills are used to establish the knowledge level of client Completed |
Evidence:
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Enquiries in relation to products and services are responded to by explaining the range of products and services available and their relevant fee and charging methodology Completed |
Evidence:
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Client is informed of the role of the adviser and the licensee/principal responsible for the adviser's conduct Completed |
Evidence:
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Familiarity with the procedures for complaints handling and the circumstances in which they should be engaged is demonstrated Completed |
Evidence:
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Identify clients objectives, needs and financial situation
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A range of communication and interpersonal skills are used to gather clients' personal, financial and business details Completed |
Evidence:
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Clients needs are identified by encouraging expression of their objectives and goals (short, medium and long term goals as relevant to the product) Completed |
Evidence:
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Product risk profile of the client is identified Completed |
Evidence:
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Clients expectations of cash flow and relevant taxation obligations are obtained Completed |
Evidence:
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Analyse client objective, needs, financial situation and risk profile
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An assessment of client needs is undertaken, utilising all information gathered and taking into account clients product expectations and specific needs Completed |
Evidence:
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Clients are consulted throughout the analysis for further clarification where necessary Completed |
Evidence:
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The need for specialist advice is analysed and/or client is referred to appropriate adviser for higher level/specialist advice if required Completed |
Evidence:
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Product risk profile of the client is assessed and agreed Completed |
Evidence:
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Understanding of the ASIC identified generic and specialist knowledge relevant to the products being offered is demonstrated Completed |
Evidence:
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