SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Apply a researched trend to individual financial risk 
SAQA US ID UNIT STANDARD TITLE
14509  Apply a researched trend to individual financial risk 
ORIGINATOR
SGB Financial Services 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Registered" 
2003-08-13  2006-08-13  SAQA 0249/03 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2007-08-13   2010-08-13  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard is replaced by: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
242601  Apply a researched trend to individual financial risk  Level 5  Level TBA: Pre-2009 was L5   

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended for people who are required to provide generalised solutions to financial/investment problems, based on trends and their impact on historic and future losses. It is relevant to financial planners and advisors, intermediaries and risk finance.

The qualifying learner is capable of:
  • Explaining the different indicators used to identify financial trends.
  • Demonstrating knowledge and insight into the relationship between events in the macro environment, financial indices and trends.
  • Demonstrating knowledge and insight into how researched or identified trends impact on historic and future financial risk.
  • Applying a researched trend to individual scenarios. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    There is open access to this Unit Standard. Learners should be competent in Communication and Mathematical and Financial Literacy at NQF Level 4. 

    UNIT STANDARD RANGE 
    The macro environment includes the natural, social, economic, political, legislative and regulatory environments. 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Explain the different indicators used to identify financial trends. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The role played by the JSE all share index, CPI, interest rates and the gold price as economic indicators is explained for an individual in the South African situation. 

    ASSESSMENT CRITERION 2 
    2. International indicators most commonly used by financial analysts in South Africa are named and an indication is given of what each indicator measures. 

    ASSESSMENT CRITERION 3 
    3. The long-term relationship between economic indicators and researched trends is explained with examples. 

    ASSESSMENT CRITERION 4 
    4. The relationship between events in the legislative and regulatory environment, financial indices and economic trends is explained with examples. 

    SPECIFIC OUTCOME 2 
    Demonstrate knowledge and insight into the relationship between events. 
    OUTCOME NOTES 
    Demonstrate knowledge and insight into the relationship between events in the macro environment, financial indicators and trends. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The relationship between events in the natural environment, financial indices and economic trends is explained with examples. 

    ASSESSMENT CRITERION 2 
    2. The relationship between events in the socio political environment, financial indices and economic trends is explained with examples. 

    ASSESSMENT CRITERION 3 
    3. The relationship between events in the economic environment, financial indices and economic trends is explained with examples. 

    ASSESSMENT CRITERION 4 
    4. The relationship between events in the legislative and regulatory environment, financial indices and economic trends is explained with examples. 

    SPECIFIC OUTCOME 3 
    Demonstrate knowledge and insight of impact on historic and future financial risk. 
    OUTCOME NOTES 
    Demonstrate knowledge and insight into how researched or identified trends impact on historic and future financial risk. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Different kinds of financial risk are explained with examples. 

    ASSESSMENT CRITERION 2 
    2. The implications associated with different kinds of investments are explained with examples. 

    ASSESSMENT CRITERION 3 
    3. General trends and results published in three different sources are compared to determine whether they support or contradict an identified trend. 

    ASSESSMENT CRITERION 4 
    4. Knowledge of trends and their implications is applied to determine a general recommendation. 

    SPECIFIC OUTCOME 4 
    Apply a researched trend to individual scenarios. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. A financial trend based on a selected indicator is explained in terms of its potential effect on financial risk. 

    ASSESSMENT CRITERION 2 
    2. The implications of changes in a selected index are explained in terms of its relationship to a trend. 

    ASSESSMENT CRITERION 3 
    3. A trend analysis system is used to establish a relationship between an index and an economic factor. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    This Unit Standard will be internally assessed by the provider and moderated by a moderator registered by INSQA or a relevant accredited ETQA. The mechanisms and requirements for moderation are contained in the document obtainable from INSQA (INSQA framework for assessment and moderation). 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    N/A 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO COLLECTING 
    The learner is able to collect, organise and critically evaluate information in applying knowledge of trends to the relationship between events in the macro environment and indices. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is able to communicate effectively using visual, mathematics and language skills in the modes of oral and/or written presentations in explaining the relationship between indicators and trends. 

    UNIT STANDARD CCFO SCIENCE 
    The learner is able to use science and technology effectively and critically in using a trend analysis system. 

    UNIT STANDARD CCFO DEMONSTRATING 
    The learner is able to demonstrate an understanding of the world as a set of related systems by recognising that problem-solving contexts do not exist in isolation in applying knowledge of indices and trends to events in the macro environment to establish potential risk. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    UNIT STANDARD NOTES 
    This unit standard has been replaced by unit standard 242601, which is "Apply a researched trend to individual financial risk", Level 5, 5 credits. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  23973   National Certificate: Financial Services: Wealth Management  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Registered" 
    2006-08-13  Was INSETA until Last Date for Achievement 
    Elective  49834   National Certificate: Financial Services: Long-Term Risk Assessment  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered" 
    2012-06-30  INSETA 
    Elective  49860   National Diploma: Financial Services: Long-Term Risk Assessment  Level 5  NQF Level 05  Reregistered  2023-06-30  INSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. CKP Development Agency (Pty) Ltd. 
    2. Sanlam Life Insurance Ltd 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.