The objective of this unit is to develop knowledge and understanding of the fundamental principles and practices of claims practice and how claims are handled.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered  on RevisionMate.
• Assessment entry.

Discretionary Investment Management (J10) develops knowledge and understanding of the role of the Discretionary Investment Manager, and the ability to analyse and apply financial information and portfolio management skills.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Assessment entry.

Discretionary Investment Management (J10) starts by looking at the investment advice process and establishing the client relationship - the aims and objectives, risk profile, investment objectives and analysing the client’s financial position.

Asset classes, investment strategies and investment wrappers are covered next, including the main asset classes – cash, bonds, equities and property, alternative investments and derivatives and investment tax wrappers. The Role of the investment manager is then considered, followed by discretionary and advisory management.

The study text moves on to look at investment funds, the economic environment, investment returns and investment risk. Portfolio theory – principles and limitations is considered, followed by measuring portfolio performance and understanding investment data. We then look at financial mathematics and sources of information – uses and limitations.

Purpose

At the end of this unit, candidates should be able to demonstrate an understanding of:

• the behaviour, performance, risk profile and correlation of key investment types;
• discretionary and non-discretionary portfolio management;
• the principles of performance measurement, financial analysis and ratio analysis;
• the principles of performance management and portfolio theory.

Assessment

• 2 hour exam
• 90 multiple choice questions
• The nominal pass mark is 65%
• The 2023 pass rate for this unit was 88.2%

Course delivery

Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.

Study material - editions available

2023-24 edition (applicable to exams sat 01 Sep 2023 to 31 Aug 2024) 

The objective of this unit is to develop knowledge and understanding of the fundamental principles and practices of insurance broking practice, including the technical skills required with reference to client care.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered  on RevisionMate.
• Assessment entry.

The objective of this unit is to develop knowledge and understanding of the fundamental principles and practices of personal insurances, market practises and the business environment for personal insurances.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered on RevisionMate.
• Assessment entry.

The objective of this unit is to develop knowledge and understanding of the fundamental principles and practices of underwriting practice and the environment within which they operate.

The default Enrolment option for this unit includes:

• Latest version of the core learning content, in digital format only, delivered  on RevisionMate.
• Assessment entry.