Discuss the form and extent of remuneration disclosure

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Reference no: EM131991173

1. Discuss the form and extent of remuneration disclosure that applies to financial advisers.

2. The financial-planning process is often compared to a journey, with the initial financial plan being the starting point. If this analogy is correct, why are ongoing reviews so important?

3. A bank pays compound interest on savings accounts, but at different rates depending on the amount of the account balance. It pays an annual effective rate of 3% on balances under $10,000, but 4% on balances greater than or equal to $10,000.

Suppose that you make a $5,000 deposit. How many years does it take for the account balance to reach $15,000?

Reference no: EM131991173

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