Modification History
Release |
Comments |
Release 3 |
This version released with Financial Services Training Package version 5.0. Updated imported units: Qualification outcomes remain unchanged. |
Release 2 |
This version released with Financial Services Training Package version 3.0. FNSACC403A updated to current FNSACC403B. |
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
Pathways from the qualification
A further learning pathway utilising qualifications such as Diploma of Personal Trustees would support career progression.
Licensing/Regulatory Information
There is no direct link between this qualification and licensing, legislative and/or regulatory requirements. However, where required, a unit of competency will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit.
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 SKILLS QUALIFICATION SUMMARY |
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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
- FNSACC403B 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
- BSBCUS402B Address customer needs
- BSBREL402A Build customer relationships and business networks
- BSBRSK401A Identify risk and apply risk management processes
- BSBWOR402A Promote team effectiveness
- BSBWOR404A Develop work priorities
Group B
- FNSPRT301A Establish entitlements to an intestate estate
- FNSPRT302A Administer a non complex estate
- FNSPRT303A Administer a non complex trust