Modification History
Release |
Comments |
Release 1 |
This Qualification first released with FNS10 Financial Services Training Package version 2.0. This qualification has undergone restructure to reflect new industry input on requirements:
Elective pool has been restructured to provide a more contemporary selection. Packaging rules have been tailored to allow for specific credit allowance for units acquired at Certificate III level. Replaces FNS41310 Certificate IV in Personal Trust Administration. |
Description
This qualification is designed to reflect job roles in personal trust administration.
Pathways Information
A further learning pathway utilising qualifications such as Diploma of Personal Trustees would support career progression.
Licensing/Regulatory Information
Not applicable.
Entry Requirements
Not applicable.
Employability Skills Summary
The following table contains a summary of the employability skills required by industry for this qualification. The employability skills facets described here are broad industry requirements that may vary depending on qualification packaging options.
Employability Skill |
Industry/enterprise requirements for this qualification include: |
Communication |
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Teamwork |
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Problem solving |
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Initiative and enterprise |
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Planning and organising |
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Self-management |
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Learning |
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Technology |
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Packaging Rules
11 units must be achieved:
7 core units
plus 4 elective units .
2 elective units must be selected from Group A or elsewhere in this Training Package.
The remaining 2 elective units may be selected from Group A , any endorsed Training Package or accredited course. Elective units may be selected from a Certificate IV or Diploma qualification.
Candidates may count 1 unit from Group B below as a credit towards this qualification.
Elective units must be relevant to the work outcome, local industry requirements and the qualification level.
Core units of competency:
FNSINC401A Apply principles of professional practice to work in the financial services industry
FNSPRT401A Administer an intestate estate
FNSPRT402A Prepare a will
FNSPRT403A Administer a complex estate
FNSPRT404A Administer a complex trust
FNSPRT405A Establish powers of attorney
FNSPRT406A Administer powers of attorney or financial administration orders
Elective units of competency:
Group A
FNSACC403A Make decisions in a legal context
FNSCUS401A Participate in negotiations
FNSCUS402A Resolve disputes
FNSFPL401A Extract and analyse information on specified financial strategies and products
FNSPIM409A Maintain customer relationships
FNSPRT501A Advise clients on Trust Structures
FNSPRT502A Advise clients in Estate Planning
BSBCOM405A Promote compliance with legislation
BSBCUS402A Address customer needs
BSBREL402A Build customer relationships and business networks
BSBRSK401A Identify risk and apply risk management processes
BSBWOR402A Promote team effectiveness
BSBWOR404B Develop work priorities
Group B
FNSPRT301A Establish entitlements to an intestate estate
FNSPRT302A Administer a non complex estate
FNSPRT303A Administer a non complex trust