Modification History
|
Release |
Comments |
|
Release 3 |
This version released with FNS Financial Services Training Package version 6.1. The following elective units of competency have been deleted as directed by the AISC:
The above training products were identified as having zero enrolments over a three year period. |
|
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 of a person working in varied contexts within personal trust administration. Individuals in these roles apply solutions to a defined range of predictable and unpredictable problems, and analyse and evaluate information from a variety of sources. They work autonomously and may provide guidance to others and have limited responsibility for the output of others.
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 = 11
7 core units plus
4 elective units
The elective units consist of:
- 2 from Group A.
Of the remaining 2 units:
- up to 2 may be from Group A
- up to 2 may be from Certificate IV or Diploma in any currently endorsed training package or accredited course
- 1 may be selected from Group B.
The elective units chosen must be relevant to the work outcome and meet local industry needs.
Core Units
FNSINC401 Apply principles of professional practice to work in the financial services industry
FNSPRT401 Administer an intestate estate
FNSPRT402 Prepare a will
FNSPRT403 Administer a complex estate
FNSPRT404 Administer a trust dealing with complex matters
FNSPRT405 Establish powers of attorney or financial administration order
FNSPRT406 Administer powers of attorney or financial administration orders
Elective Units
Group A
BSBCOM405 Promote compliance with legislation
BSBCUS402 Address customer needs
BSBLDR403 Lead team effectiveness
BSBREL402 Build customer relationships and business networks
BSBRSK401 Identify risk and apply risk management processes
BSBWOR404 Develop work priorities
FNSACC403 Make decisions in a legal context
FNSCUS401 Participate in negotiations
FNSCUS402 Resolve disputes
FNSFPL401 Extract and analyse information on specified financial strategies and products
FNSPIM409 Maintain customer relationships
FNSPRT501 Advise clients on trust structures
FNSPRT502 Advise clients in estate planning
Group B
FNSPRT302 Administer a non-complex estate
FNSPRT303 Administer a non-complex trust
Qualification Mapping Information
|
Code and title current version |
Code and title previous version |
Comments |
Equivalence status |
|
FNS41315 Certificate IV in Personal Trust Administration |
FNS41311 Certificate IV in Personal Trust Administration |
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
