Modification History
|
Release |
Comments |
|
Release 3 |
This version released with FNS Financial Services Training Package version 2.0 Release 3 created to add new elective units, |
|
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 designed to reflect job roles requiring specialist understanding of financial products and services in superannuation environments. Individuals in these roles apply specialist knowledge and skills to work autonomously and exercise judgement in completing routine and non-routine activities relating to administering income streams, assisting with meeting industry compliance requirements, establishing and maintaining employer accounts and processing benefits, claims and payments. They apply solutions to a defined range of superannuation problems and analyse and evaluate information from a variety of relevant sources
Licensing/Regulatory Information
No licensing or certification requirements apply to this qualification at the time of publication. However, some units will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit. Refer to the FNS Implementation Guide Companion Volume for guidance on requirements.
Entry Requirements
Nil.
Packaging Rules
Total number of units = 13
3 core units plus
10 elective units
The elective units consist of:
- 5 from Group A electives below
- 3 from Group A or Group B electives below.
Of the remaining 2 units:
- 2 may be from Group A or Group B
- 2 may be from a Certificate IV in any currently endorsed training package or accredited course
- 1 may be from a Certificate III in any currently endorsed training package or accredited course.
The elective units chosen must be relevant to the work outcome and meet local industry needs.
Core Units
BSBWHS201 Contribute to health and safety of self and others
FNSCUS402 Resolve disputes
FNSINC401 Apply principles of professional practice to work in the financial services industry
Elective Units
Group A
Superannuation
FNSSUP301 Process superannuation fund payments
FNSSUP303 Process superannuation contributions
FNSSUP401 Process complex superannuation benefit or insurance claim
FNSSUP402 Assist in meeting superannuation compliance requirements
FNSSUP404 Establish and customise employer accounts
FNSSUP406 Establish and maintain fund or plan
FNSSUP407 Assess complex superannuation benefit or insurance claim
FNSSUP408 Participate in fund review practices
FNSSUP409 Provide specialist retirement income stream information to clients
FNSSUP410 Establish and administer retirement income streams
FNSSUP411 Terminate retirement income streams
FNSSUP412 Determine impact of social security entitlements on retirement income
FNSSUP413 Apply knowledge of retirement planning issues when dealing with clients
FNSSUP414 Develop and apply knowledge of aged care
FNSSUP508 Provide effective information to members
Group B
General
BSBSMB411 Manage specialist external advisory services
BSBCUE405 Survey stakeholders to gather and record information
BSBCUS301 Deliver and monitor a service to customers
BSBCUS403 Implement customer service standards
BSBITS401 Maintain business technology
BSBSUS401 Implement and monitor environmentally sustainable work practices
FNSINC402 Develop and maintain in-depth knowledge of products and services used by an organisation or sector
FNSSMS401 Process self-managed superannuation contribution
Qualification Mapping Information
|
Code and title current version |
Code and title previous version |
Comments |
Equivalence status |
|
FNS40915 Certificate IV in Superannuation (Release 3) |
FNS40915 Certificate IV in Superannuation (Release 2) |
New elective units added |
Equivalent qualification |
Links
Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=c7200cc8-0566-4f04-b76f-e89fd6f102fe
