Question
You have been employed as the new Chief Financial Planner (CFP) for Reliable Investment Corporation to manages an Endowment and a Retirement Fund. Investors are
You have been employed as the new Chief Financial Planner (CFP) for Reliable Investment Corporation to manages an Endowment and a Retirement Fund. Investors are looking to earn above-average returns on their investments. You replace the former CFP as it was found he has not been generating the desired return on investments for the company and his investors. These investors have no insurance coverage and have not started to do any estate planning. The age distributions for the investors are as follows: 28-30 = 450 31-50 = 250 51-65 = 775 65+ = 650 Your salary is a combination of basic salary + commission. Commission is based on whether the company and investors achieve the desired return. The salary structure fits your profile as you have built up a reputation as being an aggressive financial advisor who seeks to make everyone happy at all cost.
1. How will you construct this portfolio and why? Assume a Caribbean country of your choice. What is the advantage and disadvantages of investing the funds in the selected Caribbean country? Be practical and make use the information that is available in your local market to gain insights on stocks, bonds, money and foreign exchange market etc. Conduct a comprehensive analysis, (20 marks)
2. Conduct and critical analysis of this compensation policy to include any ethical considerations. Develop a new policy framework for the company. What recommendation will you make?(10 marks) Make use of scholarly articles.
3. Make several product proposals to the investors based on the scenario provided. Why have you recommend the product(s)? (10 marks) Make use of scholarly articles
Media Headlines Please note that the following media release is solely for educational purposes and are designed for responding to the assignments throughout the semester. 1. The apparel industry in St Lucia will receive a special tax break in 2020 2. All tax types are likely to experience some increase. 3. Reliable Investments Corporation profits continue to soar despite major cash flow problems.
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