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UIB Wealth Needs Analysis Tool

UIB Needs Analysis Tool

As a certified financial advisor, this tool helps assess your financial needs. Navigate through tabs to input data and view calculations.

Client Information

Full Name
State of Health
Marital Status
ID Number
Date of Birth
Residential Address
Postal Address
Country of Residence
Work Tel
Home Tel
Cell
Email
Occupation
Employer
Essence of Financial Advice
Principal Source of Income
Other Sources of Income
Additional Sources of Income
Not Tax Registered Reason
Preferred Currency
Identification Type
Complete KYC

Dependents

NameDate of BirthGenderRelationshipPercentageContact Number

Debit Order Banking Details

Terms of Bank
Account Holder
Bank Name
Branch Name
Branch Code
Account Number
Type of Account
Bank Card

Physical Health Information

Company
Policy Number
Commencement Date
Reason for Registration

Personal Particulars

Name & Surname
Occupation
ID Number
Gender
Age Now
Age Retirement
Years until retirement2

Client - Income and Expenditure (Monthly)

Income before tax
Income after tax
Other monthly income
Total Income11400

Expenditure

CategoryBudgetDeathDisabilityRetirement
Bond/Rent
Rates and Taxes
Water & Electricity
Groceries
Security
Short term insurance
Cleaner & Gardener
Internet & Mobile
Car installment
Petrol
Short term insurance (car)
Parking
Other (transport)
Medical Aid
Medical expenses
OTC medication
Gym
Daycare / Aftercare
School fees
School clothes
Extra-murals
Other (education)
Dining out
Entertainment
Clothes
Bank charges
Credit card repayment
Personal loan
Clothing account
Church / Donations
Retirement Annuity
Retirement Fund
Emergency Savings
Holiday Provision
Other 1
Other 2
Total Expenditure0000
Surplus/Shortfall11400

NOTES:

Assets and Liabilities

Current Asset ValueOutstanding LiabilityKeep/SellNotes
Immovable Property
Movable Property
Liquid Investments
Other Liabilities
Total Surplus/Shortfall

Income Needs at Death

AnnualxItem in yearsAmountProvidedNotes
Capital Needs at Deathx
Outstanding Liabilities
Estate Fees
Medical costs
Total
Surplus/Shortfall

Needs at Disability

Gross Professional IncomeActual Business ExpensesMonthlyMonthly Cap
Income Needs at Disability
Personal Income
Total
Capital Needs at DisabilityDisabilityProvidedNotes
Outstanding Liabilities
Income Protector
Total
Surplus/Shortfall

Needs at Critical Illness

YearlyxYearsAmountProvidedNotes
Incomex
Capital provisions/wishes
Total
Surplus/Shortfall

Needs at Retirement

Monthly Needs (after tax)Impact post monthly needs calculation
Inflation rate p.a.Typical inflation rate from starting to retirement date
Expected investment return p.a.Typical expected return from starting to retirement date
Current balanced value of retirement savingsTotal capital after all taxes and fees on retirement
Current monthly savings for retirementTotal expected at retirement
Once-off capital at retirement
PV

Estate Fees Calculator (Namibia)

Note: Namibia has no estate duty. Calculations based on standard fees: Executor's fee max 3.5% + 15% VAT, Master's fee N$3 per N$100,000 (max N$3,000) for estates > N$100,000.

Gross Estate Value (N$)
Income Collected Post-Death (N$)
Other Costs (e.g., Bond Cancellation, Valuations)
Executor's Fee (3.5% + VAT)0
Executor's Fee on Income (6%)0
Master's Fee0
Total Estimated Fees0

Record of Advice

Particulars of Client
ID number
Particulars of Adviser
Advisor Code

Advice Record

NEED IDENTIFIED IDENTIFIED NEED RECOMMENDED TAKEN SURPLUS/SHORTFALL PRODUCT TERM PREMIUM PATTERN
DEATH 3400
FUNERAL COVER 0
DISABILITY 0
MONTHLY DISABILITY 0
DREAD DISEASE 0
RETIREMENT #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Comments Regarding Recommendations

Declaration by Client

I accept the above recommendation and declare that in my opinion the product(s) requested are appropriate to my needs, objectives and circumstances. I specifically declare that the possibility and consequences of being or becoming over-or under insured has been explained to me by my adviser and generally that I may be paying unnecessary premiums where I am over insured and that my dependents/myself may be insufficiently provided for where I am under insured.

Signature of Client: [Signature]
Date:

Declaration by Adviser

I confirm that I have determined the member's needs as set out in this Advice Record and that I have explained the consequences of being or becoming under insured to the member. I have also explained to the member that in order to ensure the ongoing correctness of the recommendations put in place, regular annual reviews of the client's needs will be necessary.

Signature of Adviser: [Signature]
Date: