1

Click here to load reader

Web viewInformation and advise- e.g. Citizens Advice, IFA, Price comparison websites, Money Advice service, Debt Counsellors and Individual Voluntary Arrangements (bankruptcy)

  • Upload
    vukiet

  • View
    212

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Web viewInformation and advise- e.g. Citizens Advice, IFA, Price comparison websites, Money Advice service, Debt Counsellors and Individual Voluntary Arrangements (bankruptcy)

Topics covered by Personal Finance-

Functions and role of money Role of money Life stages and financial needs Planning expenditure e.g. bankruptcy, solvency, debt. Different ways to pay Current Accounts e.g. standard, packaged premium, basic and student. Managing personal finance e.g Overdraft, Personal Loan, Hire Purchase, Mortgage, Credit

Card, Payday Loan. Different types of savings and investments e.g. ISA’s, Deposit and Savings Accounts,

Premium Bonds, Bonds and Gilts, Shares and Pensions. Risks and rewards of savings and investments. Insurance types. Features of financial institutions e.g. Bank of England, banks, building societies, credit

unions, national savings and investments, Insurance companies, pension companies, pawnbrokers, payday loans.

Ways of communicating with customers. Consumer protection in relation to personal finance Information and advise- e.g. Citizens Advice, IFA, Price comparison websites, Money Advice

service, Debt Counsellors and Individual Voluntary Arrangements (bankruptcy).