Jonathan is 28 years old and works to TPT retirement solutions and would to retire in 38 years' time. He believes that by that time the necessary amount for the standard of life he expects the amount would be 1,400,000.

Using the case study above, you are required to excel workbook and a report to answer the questions:

1. You need to establish a 3 years of cash flow plan for your client Jonathan stating their goals. You would also need to explain the ISO22222 fact finding process.
2. The switch from traditional defined benefit pension scheme to defined contribution pension schemes has had effect on the firms. Evaluate the point that upto what extent the effect has on the firms.
3. You would need to estimate the annual deposit to accumulate the retirement amount. He expects 9% return of 1,400,000. You would need to show full working out on how you have achieved the amount and any formula used.
4. Explain the benefits of retirement to Jonathan and giving recommendation based on the process.