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Anyone else doing Kaplan FFP SN1001?

Discussion in 'Financial Planning Study Group' started by K_veg, 14th May, 2011.

  1. K_veg

    K_veg Active Member

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    24th Jan, 2011
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    Location:
    Milan, MI
    If anyone else is out their doing Kaplan Foundations of Financial Planning (SN1001, updated Mar-11)? I'm working on the assignment (Peter and Susan and Attain Financial Planning), and wouldn't mind bouncing some ideas off people!
     
  2. Bausser

    Bausser New Member

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    21st May, 2011
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    Location:
    Sydney
    Hey mate

    Yeah I'm doing it as well, I would like a study buddy as well.

    Hit me up with a PM some time.
     
  3. tines

    tines Member

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    28th May, 2011
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    Location:
    Perth WA
    Hello, i have just enrolled in the course and just recieved study material. I think its a greta idea for a study buddy system where we cn all bounce ideas off eachother are you guys interested in somehting like this?
     
  4. Bausser

    Bausser New Member

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    yeah man

    do you have an email?
     
  5. tines

    tines Member

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    Perth WA
    re

    ill pm you that
     
    Last edited by a moderator: 28th May, 2011
  6. Samanthak

    Samanthak New Member

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    adelaide,SA
    Hey,

    Ive just started mine not long ago and im 100% interested in a buddy system. :)
     
  7. K_veg

    K_veg Active Member

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    Milan, MI
    Great! There seem to be a few of us. Not sure the best way to go about it, maybe email me, then once we have everyone's email addresses that will be easier?
     
    Last edited by a moderator: 26th Aug, 2013
  8. Matt78

    Matt78 Member

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    Perth
    I'm totally up for that. PM me for my email, or send me yours. Ironically I got 100% for the first 2 exams of DFS, but still working on the first two assignments (about to resubmit Walter Gannon - the first assignment).

    Kaplan offers little help, so we gotta help ourselves/each other I guess.
     
  9. K_veg

    K_veg Active Member

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    Milan, MI
    Oh, I thought you had to complete the assignment before you could do the exam?
     
  10. kp123

    kp123 New Member

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    12th Jun, 2011
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    Location:
    Adelaide
    Hello everyone

    Really glad that I found out this thread.I ve started FFP(SN1001) this May.I welcome this buddy system as well.....Stuck up with the assignment as of now.

    True that Kaplan provides a very little assistance.Need to help ourselves.
     
  11. kp123

    kp123 New Member

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    Adelaide
    Hey mate,

    I am frm Adelaide as well. Have u taken up the exam?
     
  12. val40

    val40 New Member

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    15th Jun, 2011
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    Location:
    Perth, WA
    Hi guys,

    I'm interested in joining the buddy system and I have emailed Karen my details. Hopefully she can get back to me soon and we can start bouncing off ideas :)

    Have a great day people!
     
  13. fattyman

    fattyman New Member

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    26th Jun, 2011
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    Location:
    melbourne
    I'm pretty interested in bouncing ideas off too. I'm about 1/3 through the assignment.


    Anyone done the implementation schedule question? I want to compare what I've done.
     
    Last edited by a moderator: 1st Sep, 2015
  14. re_coca

    re_coca New Member

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    27th Jul, 2011
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    Location:
    adelaide, SA
    Hi, I'm in Adelaide too, I've started the course 2 weeks ago , and any help would be more then wellcome!!!
     
    Last edited by a moderator: 1st Sep, 2015
  15. DylanM

    DylanM Member

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    30th Jul, 2011
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    Location:
    Wollongong, NSW
    Hello all.

    My name is Dylan - just signed up for first module a few weeks ago. Planning to submitt the assignment tomorrow arvo. Was a real big pain because it's so 'back to books' its so far away from what really happens. I'm a paraplanner and got the next 12 months to finish all modules + gearing & then become an Authorized Rep for my dealer group. Been paraplanning for 7 months now straight out of uni.

    Not up for sharing emails but will be around this forum alot and happy to help anyone and bounce ideas, etc.

    PM or discussion of forums - I'll do my best to contribute.

    And yes, Kaplan are very unhelpful.
     
  16. valei30

    valei30 New Member

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    25th Aug, 2011
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    Location:
    Sydney NSW
    Foundations of Financial Planning SN1001

    Hi there
    wish I'd seen this site a while ago, due to hand in assign shortly, the SOA has taken me ages, have found the questions much easier to answer. I believe we have to use same headings as in the Case study SOA just not sure if we are allowed to use same wording and input our own figures and scenario? Have found studying this way a little frustrating, so think buddy system is a good idea. FFP is only the 1st subject but seems to entail considerable work for an introductory subject, I suppose understandable due to all the legislative changes being introduced in the industry.
     
  17. DFP FFP

    DFP FFP New Member

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    nsw
    Asset allocation - Susan & Peter

    How do you work out the asset allocation weightings ??:confused:
     
  18. valei30

    valei30 New Member

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    Location:
    Sydney NSW
    HI there, found this old post that might help answer your question:


    Look at the different asset classes in the portfolio - property, shares, cash, whatever. Then total up the value of all the assets and work out what is the proportion of the total investment assets that's invested in each class, as a percentage? That's how you work out your asset allocation and I'm pretty sure that's how they've done it in the case study. The fact that they haven't taught this means that there can't be much weight put on it though - just give a percentage by value in each asset class and yo'll be fine.

    The variances I think come from how much they've actually got allocated in each category compared to their ideal asset allocation, the notional asset allocation that is inferred form their risk profile.

    In a real SOA you'd make your recommendations, look at the asset allocation that resulted and figure out from that whether or not your recommendations matched their risk profile - are they overweight in some categories/underweight in others? That's how you'd fine tune your recommendations to ensure that the risk/return of the whole portfolio is balanced to their risk profile.

    Don't get too caught up in the mathematics - that's not really the point of the exercise. You do portfolio construction in IP1.
     
  19. PLG100

    PLG100 New Member

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    20th Oct, 2011
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    Location:
    Melbourne, VIC
    Risk Needs

    Hi Guys :)

    Im plodding my way through the assignment & am about ready to hand it in but I'm stuck on a section in the fact find.

    Does anyone know how to calc the risk needs of the client for the fact find?
    It doesn't really give us much info on how to do it in the study notes

    Any help would be appreciated :)
     
  20. Tegan

    Tegan New Member

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    1st Nov, 2011
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    Location:
    Far North QLD
    Anyone else just started FFP AS1001??

    Hi guys,

    I've just received my Books and have been reading my way through the enormous amount of study pages over the weekend. I'm keen to hear from anyone that is studying the same subject at the moment so we can bounce ideas around for the SOA (Susan & Peter). It doesn't look too tricky, but seems very time consuming!! if you feel like starting a little email study group, or at least a sounding board for ideas.

    Cheers,

    Tegs
     
    Last edited by a moderator: 1st Sep, 2015