❗The content presented here is sourced directly from Futurelearn platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [June 30th, 2023]

The Chartered Insurance Institute's Introduction to Personal Financial Planning course provides an overview of the basic concepts of financial planning and financial wellbeing. Participants will learn about the various financial concepts and explore financial planning throughout the various stages of life. The course will cover topics such as planning for different life stages, financial protection, investing and saving for the future, estate planning, retirement planning, and pension advice. Participants will gain an understanding of the key differences between savings and investments, how different products and assets work, the risks involved with each, and how a financial adviser can help. This course is suitable for anyone starting out, or aspiring to work, in the financial planning sector, as well as anyone looking to better understand how to manage their financial planning.

[Applications]
Upon completion of this course, participants will be able to apply the concepts of financial planning to their own lives. They will be able to develop effective strategies for investing and saving for the future, as well as understand the various types of financial protection available. Participants will also be able to explore estate planning, retirement planning, and pension advice.

[Career Path]
One job position path that this course could lead to is that of a Financial Planner. Financial Planners are responsible for helping individuals and businesses manage their finances and plan for their financial future. They provide advice on investments, retirement planning, estate planning, and other financial matters. Financial Planners must have a thorough understanding of the financial markets, investment products, and tax laws. They must also be able to communicate complex financial concepts in a way that is easy to understand.

The development trend for Financial Planners is very positive. As the population ages and more people become aware of the importance of financial planning, the demand for Financial Planners is expected to increase. Additionally, the increasing complexity of the financial markets and the need for more sophisticated financial advice will create more opportunities for Financial Planners.

[Education Path]
The recommended educational path for learners of this course is to pursue a degree in Financial Planning. This degree will provide learners with the knowledge and skills necessary to become a successful financial planner. The degree will cover topics such as financial planning principles, investment strategies, retirement planning, estate planning, taxation, and risk management. It will also provide learners with the opportunity to gain hands-on experience in the field through internships and other practical activities. The development trend of this degree is to focus more on the ethical and legal aspects of financial planning, as well as the use of technology to provide more efficient and effective services.