Modification History
|
Release |
Comments |
|
Release 3 |
This version released with FNS Financial Services Training Package version 3.0 Release 3 created to update elective unit list |
|
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 a range of the job roles with team and business result responsibilities in superannuation industry environments. Individuals in these roles have autonomy in performing technical operations, apply solutions to a range of often complex problems, and research, analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others.
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.
Entry Requirements
Nil.
Packaging Rules
Total number of units = 12
2 core units plus
10 elective units
The elective units consist of:
- 8 from the electives below
Of the remaining 2 units:
- up to 2 may be from the electives
- up to 2 may be from a Certificate IV, Diploma or Advanced Diploma 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
FNSINC401 Apply principles of professional practice to work in the financial services industry
FNSINC402 Develop and maintain in-depth knowledge of products and services used by an organisation or sector
Elective Units
ASIC Compliance
FNSASICU503* Provide advice in superannuation
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
Superannuation
FNSSUP407 Assess complex superannuation benefit or insurance claim
FNSSUP502 Supervise insurer liaison
FNSSUP503 Develop client relationships with employers and establish superannuation systems
FNSSUP504 Provide advanced customer service to superannuation clients
FNSSUP505 Produce reports for superannuation
FNSSUP506 Supervise and monitor operational guidelines in a superannuation organisation
FNSSUP507 Review compliance with regulatory and contractual requirements
FNSSUP508 Provide effective information to members
FNSSUP509 Work within a defined benefit fund
FNSSUP510 Supervise insurance tender process.
Self-managed superannuation
FNSSMS501 Invest self-managed superannuation funds assets
FNSSMS502 Manage changes to fund structure
FNSSMS503 Manage administration activities of a superannuation fund
FNSSMS504 Meet self-managed superannuation funds compliance requirements
FNSSMS505 Support trustee in the selection and performance monitoring of outsourced services
General
BSBITS401 Maintain business technology
BSBMGT403 Implement continuous improvement
BSBMGT605 Provide leadership across the organisation
BSBMKG501 Identify and evaluate marketing opportunities
BSBPMG411 Apply project quality-management techniques
BSBPMG522 Undertake project work
BSBRES401 Analyse and present research information
BSBSUS501 Develop workplace policy and procedures for sustainability
FNSCUS501 Develop and nurture relationships with clients, other professionals and third party referrers
FNSFMK505 Comply with financial services legislation and industry codes of practice
FNSINC503 Identify situations requiring complex ethical decision making
FNSINC504 Apply ethical frameworks and principles to make and act upon decisions
FNSORG503 Develop a resource plan
FNSORG504 Monitor and supervise work practices to meet financial services regulatory requirements
FNSORG604 Establish outsourced services and monitor performance
FNSSUP501 Supervise complaints procedures
*Note the following prerequisite unit requirements:
|
Unit in this qualification |
Prerequisite unit |
|
FNSASICU503 Provide advice in superannuation |
FNSINC501 Conduct product research to support recommendations FNSIAD501 Provide appropriate services, advices and products to clients FNSCUS505 Determine client requirements and expectations FNSCUS506 Record and implement client instructions |
Qualification Mapping Information
|
Code and title current version |
Code and title previous version |
Comments |
Equivalence status |
|
FNS50715 Diploma of Superannuation (Release 3) |
FNS50715 Diploma of Superannuation (Release 2) |
Updates to elective unit list |
Equivalent qualification |
Links
Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=c7200cc8-0566-4f04-b76f-e89fd6f102fe
