Page 40 - CAPE Financial Services Syllabus Macmillan_Neat

UNIT 2
MODULE 1: THE FINANCIAL SERVICES ENVIRONMENTS (cont’d)
SPECIFIC OBJECTIVES
Students should be able to:
2. discuss the different career
possibilities in the financial services
industry;
3. describe the main features of
savings and investment products
and services by financial centres;
4. describe the main features of
lending products and services
offered by offshore financial
centres;
CXC A38/U2/16 35
CONTENT
(c) building societies;
(d) credit unions;
(e) insurance companies; and,
(f) unit investment trusts.
See Glossary.
For example:
(a) analyst;
(b) brokers;
(c) wealth management;
(d) financial advisors;
(e) compliance managers;
(f) bank examiner;
(g) loans officer; and,
(h) securities traders.
The main features of products and services
offered by financial centres:
(a) savings and investments accounts
(instant access accounts, restricted
access accounts, regular income
accounts, lump sum investments);
(b) currency accounts; and,
(c) insurance products and services.
Lending products:
(a) offshore mortgages; and,
(b) back to back loans.