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LIBF Unit 3 - Topic 1. Exam Questions with answers, rated A+ Payday Loans - -A temporary loan at a high interest rate Contingency Planning - -Attempting to plan for unexpected events and taking them into account Types of pension - -State, occupational CA$11.11   Add to cart
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Exam (elaborations)

LIBF Unit 3 - Topic 1. Exam Questions with answers, rated A+ Payday Loans - -A temporary loan at a high interest rate Contingency Planning - -Attempting to plan for unexpected events and taking them into account Types of pension - -State, occupational
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LIBF Unit 3 - Topic 1. Exam Questions with answers, rated A+ Payday Loans - -A temporary loan at a high interest rate Contingency Planning - -Attempting to plan for unexpected events and taking them into account Types of pension - -State, occupational, personal plan, stakeholder, NEST ...

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  • February 21, 2023
  • 2
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

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  • libf unit 3 topic 1 exam questions with answers
  • rated a payday loans a temporary loan at a high interest rate contingency planning attempting to plan for unexpected events and taking the

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LIBF Unit 3 - Topic 1. Exam Questions
with answers, rated A+

Payday Loans - ✔✔-A temporary loan at a high interest rate



Contingency Planning - ✔✔-Attempting to plan for unexpected events and taking them into account



Types of pension - ✔✔-State, occupational, personal plan, stakeholder, NEST



What is the NEST - ✔✔-Low-cost, trust based pension scheme . Also available to self employed people



What is a Non-Financial investment - ✔✔-Buying works of art, fine wine or classic cars



What is flexible financial planning? - ✔✔-Planning future expenditure and deciding how this will be
financed



characteristics of a flexible financial planning - ✔✔-Timely

Informed

Adaptable

Fluid

Realistic



What is meant by fluid? - ✔✔-A characteristic of a dynamic financial plan that means it reflects and
allows for the possibility for variations in personal circumstances.



Types of expenditure - ✔✔-Mandatory

Discretionary

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