Mr Carter has requested that I research the financial needs of potential and current Canada Life customers based on their stage in life. I have been given seven generic stages life stages.
Md. Shelim Chowdhury
Financial Services for Individuals
Unit 2
I have been recruited as a Financial Advisor at Canada Life as a School leaver trainee. I will be placed on a comprehensive training campaign but before this begins my new boss, Mr Carter, wishes to ascertain my current financial acumen.
Task 1
Mr Carter has requested that I research the financial needs of potential and current Canada Life customers based on their stage in life. I have been given seven generic stages life stages.
Table 1
Task 2
I have just finished my first week of training at Canada Life. It is clear that the pressure is on to sell products to customers, but it is also clear that the product must be suitable. As a task I have been requested to select what services/ products would be considered appropriate to the likely financial needs of a customer at a given life stage by completing the table below: