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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 
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   

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.
     
    1. 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.