Modification History
|
Release |
Comments |
|
Release 2 |
This version released with FNS Financial Services Training Package version 1.1 Release 2 created to correct typographical error |
|
Release 1 |
This qualification first released with FNS Financial Services Training Package version 1.0 |
Qualification Description
This qualification is for individuals performing a support role to qualified financial planners and para-planners. Individuals in these roles apply specialist knowledge and skills to work autonomously and exercise judgement in completing routine and non-routine support activities relating to a pre-set range of financial products and services.
Licensing/Regulatory Information
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements. The core units meet Tier 2 status Australian Securities and Investments Commission (ASIC) accreditation requirements for providing limited financial products advice.
Entry Requirements
Nil.
Packaging Rules
Total number of units = 11
7 core units plus
4 elective units
The elective units consist of:
- up to 4 from the electives below
- up to 4 from a Certificate IV qualification in the Financial Services Training Package
- 1 may be selected from a Certificate III qualification in any endorsed training package or accredited course
- 1 may be selected from a Diploma qualification in any endorsed training package or accredited course.
The elective units chosen must be relevant to the work outcome and meet local industry needs.
Core Units
FNSASIC301 Establish client relationship and analyse needs
FNSASIC302 Develop, present and negotiate client solutions
FNSFPL401 Extract and analyse information on specified financial strategies and products
FNSFPL402 Prepare financial plans to set strategies and guidelines
FNSFPL403 Implement financial plans to predetermined guidelines
FNSFPL501 Comply with financial planning practice ethical and operational guidelines and regulations
FNSINC401 Apply principles of professional practice to work in the financial services industry
Elective Units
BSBCUS402 Address customer needs
BSBREL402 Build client relationships and business networks
BSBWHS303 Participate in WHS hazard identification, risk assessment and risk control
BSBWOR204 Use business technology
FNSASICQ503* Provide advice in first home saver market linked accounts
FNSFPL502 Conduct financial planning analysis and research
FNSFPL503 Develop and prepare financial plan
FNSFPL504 Implement financial plan
FNSFPL505 Review financial plans and provide ongoing service
FNSCUS505 Determine client requirements and expectations
FNSCUS506 Record and implement client instructions
FNSIAD501 Provide appropriate services, advice and products to clients
FNSINC501 Conduct product research to support recommendations
Qualification Mapping Information
|
Code and title current version |
Code and title previous version |
Comments |
Equivalence status |
|
FNS40715 Certificate IV in Financial Practice Support |
FNS40710 Certificate IV in Financial Practice Support |
Updated to meet Standards for Training Packages. |
Equivalent qualification |
Links
Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=c7200cc8-0566-4f04-b76f-e89fd6f102fe
