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 QUALIFICATION THAT HAS PASSED THE END DATE: 

Postgraduate Diploma: Financial Planning 
SAQA QUAL ID QUALIFICATION TITLE
21183  Postgraduate Diploma: Financial Planning 
ORIGINATOR
Damelin 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
-   HEQSF - Higher Education Qualifications Sub-framework 
QUALIFICATION TYPE FIELD SUBFIELD
Postgraduate Diploma  Field 03 - Business, Commerce and Management Studies  Finance, Economics and Accounting 
ABET BAND MINIMUM CREDITS PRE-2009 NQF LEVEL NQF LEVEL QUAL CLASS
Undefined  120  Level 7  Level TBA: Pre-2009 was L7  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Passed the End Date -
Status was "Registered" 		 SAQA 9900/00  2003-07-01  2006-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2007-06-30   2010-06-30  

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 qualification does not replace any other qualification and is not replaced by any other qualification. 

PURPOSE AND RATIONALE OF THE QUALIFICATION 
The purpose of the qualification is to enable learners to provide sound financial planning services to a wide range of clients in society and business, fulfil the existing and proposed objectives of financial services legislation on a national level and promote professionalism of the financial services environment nationally and internationally.

Through CFP-membership, qualified financial planners can gain access to the national and internationally accredited profession of Certified Financial Planner and presently practice in more than 13 major countries. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Learners would have achieved the Degree in Commerce - Financial Planning (NQF 6) or any other three year commercial or legal degree or diploma or three years experience together with the successful completing of Financial Planning 1, 2 & 3.

Recognise Prior Learning:

Generally, this qualification recognises, through the submission of portfolios of evidence, the formal/non-formal/informal prior learning which learners who register for the programme leading to the award of the qualification bring to the learning situation.

This qualification may be achieved in whole or in part through the recognition of prior learning. 

RECOGNISE PREVIOUS LEARNING? 
Y 

QUALIFICATION RULES 
This qualification may be achieved in whole or in part through the recognition of prior learning. 

EXIT LEVEL OUTCOMES 
Critical Cross-field Outcomes:
  • Identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made.
  • Work effectively with others as a member of a team, group, organisation and community.
  • Organise and manage oneself and one's activities responsibly and effectively.
  • Collect, analyse, organise and critically evaluate information.
  • Demonstrate an understanding of the world as a set of related systems by recognising that the problem solving context does not exist in isolation.
  • Reflect on and explore a variety of strategies to learn more effectively.
  • Explore education and career opportunities.
  • Develop entrepreneurial opportunities.
  • Look at the environment on a macro basis in order to enhance the current environment.
  • Communicate effectively using visual, mathematical and language skills in the modes of oral and/or written persuasion.
  • Demonstrate an understanding of the economic world in context as a dynamic interactive world that does not exist in isolation.
  • Demonstrate effective and responsible decision making.
  • Stimulate and develop thinking patterns involving creativity.
  • Interpret information received via the media and other sources.
  • Remain receptive and responsive to current trends and developments.
  • Use technology effectively and responsibly.
  • Conduct research independently.

    Specific Outcomes:
  • Define financial planning.
  • Identify principles of financial planning.
  • Demonstrate and apply knowledge of the relationship between sound management, self concept and the working environment.
  • Apply sound decision making skills.
  • Delegate tasks effectively.
  • Involve learners and other role players in financial planning.
  • Identify forces that impact on financial planning.
  • Integrate all role-players into an effective team.
  • Improve personal managerial capacity.
  • Solve problems in the financial planning context effectively.
  • Distinguish between power, influence and leadership.
  • Demonstrate leadership initiative.
  • Manage conflict effectively.
  • Apply sound communication strategies.
  • Develop and implement effective strategies for the self-management of financial planning.
  • Develop an holistic approach to management and leadership in financial planning.
  • Identify and describe and describe the scope of legislation applicable to financial planning.
  • Identify the relevant legislation.
  • Interpret the relevant legislation.
  • Implement and apply the relevant legislation.
  • Apply the relevant principles of common law as applicable to the financial planning context.
  • Adhere to all the policies and procedure relevant to financial planners.
  • Demonstrate a knowledge of financial statements.
  • Perform accurate financial calculations.
  • Interpret financial statements.
  • Integrate appropriate aspects into financial planning.
  • Implement effective financial planning systems.
  • Utilise organisational structures.
  • Implement organisational structures.
  • Implement effective financial control systems.
  • Manage financial matters within the parameters of all relevant legislation.
  • Prepare an investment plan, an retirement plan or an estate plan for an individual.
  • Analyse risk and investment needs.
  • Match differing needs of clients with the appropriate products.
  • Apply and understand the process of financial planning.
  • Conduct research in order to broaden the basis for practice as a financial advisor.
  • Effectively communicate and consult with clients. 
    		•

    ASSOCIATED ASSESSMENT CRITERIA 
    Associated Assessment Criteria for Critical Cross-field Outcomes:
  • Problems are solved by means of exploring and critically evaluating abstract and personal situations.
  • Problems are solved by generating alternative strategies for dealing with those problems.
  • Collaborative work as part of a team, group, organisation or community is effective.
  • Organisation and management of self and activities is responsible and effective.
  • Information is collected, analysed, organised and critically evaluated.
  • Recognition of the problem solving context as part of a larger context is demonstrated.
  • Understanding of the world as a set of related systems is demonstrated.
  • Strategies to learn more effectively are explored and reflected on.
  • Education and career opportunities are explored.
  • Entrepreneurial opportunities are developed.
  • The environment is seen on a macro basis.
  • Current environment is enhanced.
  • Communication using visual, mathematical and language skills in the modes of oral and/or written persuasion is effective.
  • Understanding of the economic world as a dynamic, interactive world that does not exist in isolation is demonstrated.
  • Decision making is responsible and effective.
  • Creative thinking patterns are stimulated and developed.
  • Information from the media and other sources is interpreted.
  • Current trends and developments are monitored.
  • Appropriate responses to current trends and developments are made.
  • Technology is used effectively and responsibly.
  • Research is conducted independently.

    Associated Assessment Criteria for Specific Outcomes:
  • Financial planning is defined.
  • Principles of financial planning are defined.
  • Knowledge of the relationship between god management, self-concept and the working environment is demonstrated and applied.
  • Sound decision making skills are applied.
  • Tasks are delegated effectively.
  • Learners and other role players are involved in financial planning.
  • Forces that impact on financial planning are identified.
  • All role-players are integrated in an effective team.
  • Personal managerial capacity is improved.
  • Problem solving in the financial planning context is effective.
  • Distinction between power, influence and leadership is made.
  • Leadership initiative is demonstrated.
  • Sound communication strategies are applied.
  • Effective strategies for the self-management of financial planning are developed and implemented.
  • A holistic approach to management and leadership in financial planning is developed.
  • The scope of legislation applicable to financial planning is identified and described.
  • Relevant legislation is identified.
  • Relevant legislation is interpreted.
  • Relevant legislation is implemented and applied.
  • Policies and procedures of common law are applied to the financial planning context.
  • Policies and procedures relevant to financial planners are adhered to.
  • Knowledge of financial statements is demonstrated.
  • Financial calculations are performed accurately.
  • Financial statements are interpreted.
  • Appropriate aspects are integrated into financial planning.
  • Effective financial planning systems are implemented.
  • Organisational structures are utilised.
  • Organisational structures are implemented.
  • Effective financial control systems are implemented.
  • Financial matters are managed within the parameters of all relevant legislation.
  • An investment plan, a retirement plan or an estate plan can be prepared by the individual.
  • Risk and investment needs are analysed.
  • The different needs of clients are matched with the appropriate products.
  • The process of financial planning is applied and understood.
  • Research is conducted in order to broaden the basis for practice as a financial advisor.
  • Communication and consultation with clients is effective.

    Continuous assessment in the form of self-assessment is carried out by the learner. This is done using activities and self-evaluations exercises. Continuous assessment is also carried out by the facilitators in the form of assignments that the learner must submit upon completion of each module of the learning programme.

    Formative and summative assessment are integrated in a final portfolio assessment. The learner builds up a portfolio of activities, self-evaluation exercises, assignments and projects which are assessed in order to determine whether the learner has achieved the exit level outcomes of the qualification. 
    		•

    INTERNATIONAL COMPARABILITY 
    Certified Financial Planner. 

    ARTICULATION OPTIONS 
    The learner could proceed, once successful, to the Post Graduate Advanced Diploma in Financial Planning - Investments (NQF 8A). 

    MODERATION OPTIONS 
    A system of second examiners within the institution will be used, together with a system of external examination at exit levels to the qualification. Where professional or statutory bodies are involved in determining the curriculum, they will also be involved in moderation. 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    Our own staff will be used as assessors in the manner accommodated within the quality management of our institution. This would apply to outside assessors also as they will have to comply with all quality assurance procedures of the institution. 

    LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION: 
     
    NONE 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS QUALIFICATION: 
    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.
     
    NONE 


    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.