QUESTIONS Answer all parts of the question in the space provided. Clearybel your response to...
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QUESTIONS Answer all parts of the question in the space provided. Clearybel your response to each part Terence Turner recently visited a financial planner to help sort this funcil affairs. After two short interviews, one being over the telephone para parella Terence received no other documentation from the financial planen, nor did he complete ww forms. He says he is uncomfortable with some of the recommandation and does not understand some of the strategies. When he asked about the fees, the planer replied that the plan was free and there was no change Terence is aged 42. divorced and has two primary school-aged children. He was 92.000 pa and has around so per month available to invest en house and is ang off more of $380.00. Also, he has 530,000 in a savings account for emergency expenses and his children's education und Terence's financial planner has recommended that he takes out a marginning facility of 3200.000d with 50.000 buyutsinanimation sharefund. Verence she does not understand what a margin loan is and he is not sure whether investing in an international share funds stable for one of that the fund performed poorly awer the past five years and has a very high fee structure REQUIRED WORK a) Reflecting on what you have learnt in this unit discuss whether a mingin lending strategy is appropriate to Terence and whether the name has reached anythical professional and legal obligations mark bocommend how financial planners can seek to limit their exposure to possible litigation and breaches of their ethical professional and legal obligation mark
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