SAQA

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SOUTH AFRICAN QUALIFICATIONS AUTHORITY

REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE:

Research information in order to assist in conducting a financial risk assessment

SAQA US ID	UNIT STANDARD TITLE
14526	Research information in order to assist in conducting a financial risk assessment
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	7
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
242554	Research information in order to assist in conducting a financial risk assessment	Level 5	Level TBA: Pre-2009 was L5	7

PURPOSE OF THE UNIT STANDARD

This Unit Standard is intended for learners who are required to do wide research of background information to support a financial recommendation or decision. The learner is not necessarily required to make a financial decision or recommendation based on the research.

The qualifying learner is capable of:

Analysing the research required to conduct a financial risk assessment.

Conducting an information search to answer questions raised by a brief.

Selecting information in order to produce a research report.

Organising and presenting the findings of the research.

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 typical scope of this Unit Standard is long term insurance, collective investment schemes, pension funds, provident funds and short term risk finance.

Specific Outcomes and Assessment Criteria:

SPECIFIC OUTCOME 1

Analyse the research required to conduct a financial risk assessment.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. A brief is analysed to determine the purpose and parameters of the required research.

ASSESSMENT CRITERION 2

2. The main themes within the research are identified with their key components.

ASSESSMENT CRITERION 3

3. An outline of the proposed research is presented graphically and checked against the brief.

SPECIFIC OUTCOME 2

Conduct an information search to answer questions raised by a brief.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Potential sources of information are identified for each of the main themes of the research.

ASSESSMENT CRITERION 2

2. Key statistics are analysed to ensure that information is sourced efficiently and that the correct information is gathered.

ASSESSMENT CRITERION 3

3. Sources are assessed for objectivity, credibility and reliability.

ASSESSMENT CRITERION 4

4. Information is gathered and assessed for relevance in terms of the key components of the research.

ASSESSMENT CRITERION 5

5. Relevant information is extracted from verified sources.

SPECIFIC OUTCOME 3

Select information in order to produce a research report.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Information from different sources is evaluated and compared with due regard for different points of view.

ASSESSMENT CRITERION 2

2. Issues in the research information are qualified and interpreted in order to highlight the relationship between the issues and the brief.

ASSESSMENT CRITERION 3

3. The salient and relevant information is selected for inclusion in a research presentation.

SPECIFIC OUTCOME 4

Organise and present the findings of the research.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Information from the research is summarised graphically.

ASSESSMENT CRITERION 2

2. The findings of the research are presented in an appropriate format.

ASSESSMENT CRITERION 3

3. The content is organised in a logical and user-friendly manner.

ASSESSMENT CRITERION 4

4. The final presentation is checked against the brief.

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 IDENTIFYING

The learner is able to identify and solve problems in which responses show that responsible decisions using critical and creative thinking have been made in determining the main themes and key components in the brief.

UNIT STANDARD CCFO ORGANISING

The learner is able to organise and manage him/herself and his/her activities responsibly and effectively in planning and conducting the research in a time and cost efficient manner.

UNIT STANDARD CCFO COLLECTING

The learner is able to collect, organise and critically evaluate information required by the brief.

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 researching relevant information and presenting the findings of research.

UNIT STANDARD CCFO SCIENCE

The learner is able to use science and technology effectively and critically in sourcing information from electronic and other sources.

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 identifying the main themes and key components relevant to the research required by a brief.

UNIT STANDARD ASSESSOR CRITERIA

N/A

UNIT STANDARD NOTES

This unit standard has been replaced by unit standard 242554, which is "Research information in order to assist in conducting a financial risk assessment", Level 5, 7 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

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.

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