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Training package details

FNS - Financial Services Training Package (Release 8.2)

Summary

Usage recommendation:
Current
Mapping:
MappingNotesDate
Supersedes FNS10 - Financial Services Training Package 25/Mar/2015

Release Status:
Current
Releases:
ReleaseRelease dateApproval process
8.2 (this release) 03/Nov/2022Minor upgrade (Approval date: 03/Nov/2022)
(View details for release 8.1) 23/Sep/2022 Minor upgrade (Approval date: 31/Aug/2022)
(View details for release 8.0) 15/Jun/2022 Endorsement date: 06/Apr/2022
(View details for release 7.0) 27/Jan/2022 Endorsement date: 19/Aug/2021
(View details for release 6.2) 09/Jul/2021 Minor upgrade (Approval date: 09/Jul/2021)
(View details for release 6.1) 12/Feb/2021 Minor upgrade (Approval date: 12/Feb/2021)
(View details for release 6.0) 02/Feb/2021 Endorsement date: 02/Dec/2020
(View details for release 5.0) 04/Nov/2020 Endorsement date: 04/Nov/2020
(View details for release 4.0) 01/Jul/2020 Endorsement date: 25/Feb/2020
(View details for release 3.1) 06/Sep/2018 Minor upgrade (Approval date: 06/Sep/2018)
(View details for release 3.0) 13/Feb/2018 Endorsement date: 13/Feb/2018
(View details for release 2.1) 12/Sep/2016 Minor upgrade (Approval date: 12/Sep/2016)
(View details for release 2.0) 14/Jan/2016 Endorsement date: 12/Oct/2015
(View details for release 1.1) 22/Apr/2015 Minor upgrade (Approval date: 22/Apr/2015)
(View details for release 1.0) 25/Mar/2015 Endorsement date: 06/Mar/2015


Disclaimer:
Following the establishment of the new training package development process, any references to the former Skills Service Organisations (SSOs) or Industry Skills Councils (ISCs) found in the content of this training package or its components should be referred to the Jobs and Skills Council (JSC) listed below.

Training Package Developer

Organisation:
Future Skills Organisation 

Qualifications

 CodeTitleUsageRelease

Toggle visibility of information in grouping for 'Qualification Level: Certificate I'Qualification Level: Certificate I

 FNS10120 - Certificate I in Basic Financial LiteracyCertificate I in Basic Financial LiteracyCurrent

Toggle visibility of information in grouping for 'Qualification Level: Certificate II'Qualification Level: Certificate II

 FNS20120 - Certificate II in Financial ServicesCertificate II in Financial ServicesCurrent

Toggle visibility of information in grouping for 'Qualification Level: Certificate III'Qualification Level: Certificate III

 FNS30122 - Certificate III in Financial ServicesCertificate III in Financial ServicesCurrent
 FNS30220 - Certificate III in Personal Injury ManagementCertificate III in Personal Injury ManagementCurrent
 FNS30322 - Certificate III in Accounts AdministrationCertificate III in Accounts AdministrationCurrent
 FNS30420 - Certificate III in Mercantile AgentsCertificate III in Mercantile AgentsCurrent

Toggle visibility of information in grouping for 'Qualification Level: Certificate IV'Qualification Level: Certificate IV

 FNS40122 - Certificate IV in Credit ManagementCertificate IV in Credit ManagementCurrent
 FNS40222 - Certificate IV in Accounting and BookkeepingCertificate IV in Accounting and BookkeepingCurrent
 FNS40821 - Certificate IV in Finance and Mortgage BrokingCertificate IV in Finance and Mortgage BrokingCurrent
 FNS40920 - Certificate IV in SuperannuationCertificate IV in SuperannuationCurrent
 FNS41422 - Certificate IV in General InsuranceCertificate IV in General InsuranceCurrent
 FNS41521 - Certificate IV in Life InsuranceCertificate IV in Life InsuranceCurrent
 FNS41720 - Certificate IV in Insurance BrokingCertificate IV in Insurance BrokingCurrent
 FNS41820 - Certificate IV in Financial ServicesCertificate IV in Financial ServicesCurrent
 FNS42022 - Certificate IV in Banking ServicesCertificate IV in Banking ServicesCurrent
 FNS42120 - Certificate IV in Personal Injury ManagementCertificate IV in Personal Injury ManagementCurrent
 FNS42222 - Certificate IV in Personal Trust AdministrationCertificate IV in Personal Trust AdministrationCurrent

Toggle visibility of information in grouping for 'Qualification Level: Diploma'Qualification Level: Diploma

 FNS50222 - Diploma of AccountingDiploma of AccountingCurrent
 FNS50322 - Diploma of Finance and Mortgage Broking ManagementDiploma of Finance and Mortgage Broking ManagementCurrent
 FNS50422 - Diploma of Payroll ServicesDiploma of Payroll ServicesCurrent
 FNS50722 - Diploma of SuperannuationDiploma of SuperannuationCurrent
 FNS50922 - Diploma of Banking Services ManagementDiploma of Banking Services ManagementCurrent
 FNS51022 - Diploma of Financial MarketsDiploma of Financial MarketsCurrent
 FNS51120 - Diploma of General InsuranceDiploma of General InsuranceCurrent
 FNS51220 - Diploma of Insurance BrokingDiploma of Insurance BrokingCurrent
 FNS51420 - Diploma of Loss AdjustingDiploma of Loss AdjustingCurrent
 FNS51522 - Diploma of Credit ManagementDiploma of Credit ManagementCurrent
 FNS51822 - Diploma of Financial ServicesDiploma of Financial ServicesCurrent
 FNS51920 - Diploma of Personal Injury and Disability Insurance ManagementDiploma of Personal Injury and Disability Insurance ManagementCurrent
 FNS52022 - Diploma of Personal TrustsDiploma of Personal TrustsCurrent

Toggle visibility of information in grouping for 'Qualification Level: Advanced Diploma'Qualification Level: Advanced Diploma

 FNS60222 - Advanced Diploma of AccountingAdvanced Diploma of AccountingCurrent
 FNS60622 - Advanced Diploma of Banking Services ManagementAdvanced Diploma of Banking Services ManagementCurrent
 FNS60722 - Advanced Diploma of Financial Licensing ManagementAdvanced Diploma of Financial Licensing ManagementCurrent
 FNS60822 - Advanced Diploma of Integrated Risk ManagementAdvanced Diploma of Integrated Risk ManagementCurrent
 FNS60920 - Advanced Diploma of ParaplanningAdvanced Diploma of ParaplanningCurrent

Toggle visibility of information in grouping for 'Qualification Level: Graduate Certificate'Qualification Level: Graduate Certificate

 FNS80020 - Graduate Certificate in Anti-Money Laundering and Counter Terrorism FinancingGraduate Certificate in Anti-Money Laundering and Counter Terrorism FinancingCurrent

Toggle visibility of information in grouping for 'Qualification Level: Graduate Diploma'Qualification Level: Graduate Diploma

 FNS80120 - Graduate Diploma of Anti-Money Laundering and Counter Terrorism FinancingGraduate Diploma of Anti-Money Laundering and Counter Terrorism FinancingCurrent

Skill sets

CodeSort Table listing the training package skill sets by the Code columnTitleUsageSort Table listing the training package skill sets by the Usage columnReleaseSort Table listing the training package skill sets by the Release column
FNSSS00014 - Accounting Principles Skill SetAccounting Principles Skill SetCurrent
FNSSS00015 - Advanced Accounting Principles Skill SetAdvanced Accounting Principles Skill SetCurrent
FNSSS00010 - Anti-money Laundering and Counter Terrorism Financing Skill SetAnti-money Laundering and Counter Terrorism Financing Skill SetCurrent
FNSSS00004 - BAS Agent Registration Skill SetBAS Agent Registration Skill SetCurrent
FNSSS00013 - Business Ethics and Conduct Skill SetBusiness Ethics and Conduct Skill SetCurrent
FNSSS00006 - Commercial Law for Tax (Financial) Advisers Skill SetCommercial Law for Tax (Financial) Advisers Skill SetCurrent
FNSSS00005 - Commercial Law for Tax Agents Skill SetCommercial Law for Tax Agents Skill SetCurrent
FNSSS00017 - Custody and Operations Skill SetCustody and Operations Skill SetCurrent
FNSSS00022 - Customer Relationship Building Skill SetCustomer Relationship Building Skill SetCurrent
FNSSS00007 - Financial Literacy Education Skill SetFinancial Literacy Education Skill SetCurrent
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Units of competency

CodeSort Table listing the units of competency related to this training package. by the Code columnTitleUsageReleaseSort Table listing the units of competency related to this training package. by the Release column
FNSTPB517 - Apply legal principles in commercial law when providing tax (financial) advice servicesApply legal principles in commercial law when providing tax (financial) advice servicesCurrent
FNSTPB516 - Apply taxation requirements when providing tax (financial) advice servicesApply taxation requirements when providing tax (financial) advice servicesCurrent
FNSTPB505 - Apply legal principles in property lawApply legal principles in property lawCurrent
FNSTPB504 - Apply legal principles in corporations and trust lawApply legal principles in corporations and trust lawCurrent
FNSTPB503 - Apply legal principles in contract and consumer lawApply legal principles in contract and consumer lawCurrent
FNSTPB412 - Establish and maintain payroll systemsEstablish and maintain payroll systemsCurrent
FNSTPB411 - Complete business activity and instalment activity statementsComplete business activity and instalment activity statementsCurrent
FNSSUP518 - Provide information to superannuation fund members in writingProvide information to superannuation fund members in writingCurrent
FNSSUP517 - Review performance of superannuation funds against regulatory and contractual requirementsReview performance of superannuation funds against regulatory and contractual requirementsCurrent
FNSSUP516 - Manage compliance with operational guidelines in superannuation organisationsManage compliance with operational guidelines in superannuation organisationsCurrent
FNSSUP515 - Produce reports for superannuationProduce reports for superannuationCurrent
FNSSUP514 - Provide information or general advice to superannuation clientsProvide information or general advice to superannuation clientsCurrent
FNSSUP513 - Develop client relationships with employers and establish superannuation systemsDevelop client relationships with employers and establish superannuation systemsCurrent
FNSSUP512 - Manage insurer liaison within a superannuation organisationManage insurer liaison within a superannuation organisationCurrent
FNSSUP511 - Manage customer complaints in superannuationManage customer complaints in superannuationCurrent
FNSSUP509 - Work within a defined benefit fundWork within a defined benefit fundCurrent
FNSSUP434 - Develop and provide knowledge of aged care to superannuation clientsDevelop and provide knowledge of aged care to superannuation clientsCurrent
FNSSUP432 - Determine impact of social security entitlements on retirement incomeDetermine impact of social security entitlements on retirement incomeCurrent
FNSSUP431 - Terminate retirement income streamsTerminate retirement income streamsCurrent
FNSSUP424 - Establish and customise employer accounts in superannuationEstablish and customise employer accounts in superannuationCurrent
FNSSUP423 - Provide knowledge of retirement planning issues when dealing with superannuation clientsProvide knowledge of retirement planning issues when dealing with superannuation clientsCurrent
FNSSUP422 - Assist organisation to meet regulatory superannuation compliance requirementsAssist organisation to meet regulatory superannuation compliance requirementsCurrent
FNSSUP421 - Process superannuation benefits and insurance claims under special conditions of releaseProcess superannuation benefits and insurance claims under special conditions of releaseCurrent
FNSSUP420 - Establish and administer retirement income streamsEstablish and administer retirement income streamsCurrent
FNSSUP419 - Provide retirement income stream information to superannuation clientsProvide retirement income stream information to superannuation clientsCurrent
FNSSUP418 - Participate in superannuation fund reviewsParticipate in superannuation fund reviewsCurrent
FNSSUP417 - Assess superannuation benefits and insurance claims under special conditions of releaseAssess superannuation benefits and insurance claims under special conditions of releaseCurrent
FNSSUP416 - Establish and maintain superannuation accumulation fundsEstablish and maintain superannuation accumulation fundsCurrent
FNSSUP316 - Terminate superannuation plansTerminate superannuation plansCurrent
FNSSUP315 - Implement superannuation fund member investment instructionsImplement superannuation fund member investment instructionsCurrent
FNSSUP314 - Process superannuation rollover benefitsProcess superannuation rollover benefitsCurrent
FNSSUP313 - Process superannuation fund contributionsProcess superannuation fund contributionsCurrent
FNSSUP312 - Establish, maintain and process superannuation recordsEstablish, maintain and process superannuation recordsCurrent
FNSSUP311 - Process superannuation fund paymentsProcess superannuation fund paymentsCurrent
FNSSMS515 - Support trustees in selecting and monitoring performance of outsourced servicesSupport trustees in selecting and monitoring performance of outsourced servicesCurrent
FNSSMS514 - Meet self-managed superannuation fund compliance requirementsMeet self-managed superannuation fund compliance requirementsCurrent
FNSSMS513 - Manage administration activities of self-managed superannuation fundsManage administration activities of self-managed superannuation fundsCurrent
FNSSMS512 - Manage changes to memberships in self-managed superannuation fundsManage changes to memberships in self-managed superannuation fundsCurrent
FNSSMS511 - Invest self-managed superannuation fund assetsInvest self-managed superannuation fund assetsCurrent
FNSSMS411 - Process self-managed superannuation contributionsProcess self-managed superannuation contributionsCurrent
FNSSAM614 - Establish agreements with intermediaries for product distributionEstablish agreements with intermediaries for product distributionCurrent
FNSSAM613 - Tailor financial products to meet client needsTailor financial products to meet client needsCurrent
FNSSAM612 - Identify and evaluate marketing opportunities in the financial services industryIdentify and evaluate marketing opportunities in the financial services industryCurrent
FNSSAM611 - Monitor performance of financial products and services in meeting client needsMonitor performance of financial products and services in meeting client needsCurrent
FNSSAM521 - Apply advanced techniques to provide financial products and servicesApply advanced techniques to provide financial products and servicesCurrent
FNSSAM512 - Assess market needs and identify opportunities for new financial products and servicesAssess market needs and identify opportunities for new financial products and servicesCurrent
FNSSAM503 - Monitor market opportunitiesMonitor market opportunitiesCurrent
FNSSAM422 - Implement promotional strategies for financial products and servicesImplement promotional strategies for financial products and servicesCurrent
FNSSAM421 - Provide information on financial products and services to clientsProvide information on financial products and services to clientsCurrent
FNSSAM413 - Identify and provide initial information to potential new clientsIdentify and provide initial information to potential new clientsCurrent
FNSSAM311 - Provide ancillary products and services that meet client needsProvide ancillary products and services that meet client needsCurrent
FNSRTS402 - Prepare government returns and reportsPrepare government returns and reportsCurrent
FNSRTS401 - Manage credit card servicesManage credit card servicesCurrent
FNSRTS316 - Process customer transactions in retail financial organisationsProcess customer transactions in retail financial organisationsCurrent
FNSRTS315 - Process customer accountsProcess customer accountsCurrent
FNSRTS314 - Administer card servicesAdminister card servicesCurrent
FNSRTS312 - Execute foreign currency transactionsExecute foreign currency transactionsCurrent
FNSRTS311 - Provide customer service in a retail agencyProvide customer service in a retail agencyCurrent
FNSRTS309 - Maintain main bank accountMaintain main bank accountCurrent
FNSRTS308 - Balance cash holdingsBalance cash holdingsCurrent
FNSRTS307 - Maintain Automatic Teller Machine (ATM) servicesMaintain Automatic Teller Machine (ATM) servicesCurrent
FNSRTS303 - Balance retail transactionsBalance retail transactionsCurrent
FNSRSK612 - Determine and manage risk exposure strategiesDetermine and manage risk exposure strategiesCurrent
FNSRSK611 - Develop and implement risk mitigation planDevelop and implement risk mitigation planCurrent
FNSRSK512 - Assess risksAssess risksCurrent
FNSRSK511 - Undertake risk identificationUndertake risk identificationCurrent
FNSRSK411 - Apply risk management strategies to own workApply risk management strategies to own workCurrent
FNSPRT518 - Administer charitable trustsAdminister charitable trustsCurrent
FNSPRT517 - Apply principles of fiduciary duty, substituted decision making and ethical decision makingApply principles of fiduciary duty, substituted decision making and ethical decision makingCurrent
FNSPRT516 - Develop understanding of traditional trustee servicesDevelop understanding of traditional trustee servicesCurrent
FNSPRT515 - Develop and maintain knowledge of financial services and assetsDevelop and maintain knowledge of financial services and assetsCurrent
FNSPRT514 - Develop and maintain knowledge of the regulatory environment relevant to trustee organisationsDevelop and maintain knowledge of the regulatory environment relevant to trustee organisationsCurrent
FNSPRT513 - Assess, allocate and supervise work within the personal trustee sectorAssess, allocate and supervise work within the personal trustee sectorCurrent
FNSPRT512 - Advise clients in estate planningAdvise clients in estate planningCurrent
FNSPRT511 - Advise clients on trust structuresAdvise clients on trust structuresCurrent
FNSPRT417 - Investigate and substantiate entitlement in intestate estatesInvestigate and substantiate entitlement in intestate estatesCurrent
FNSPRT416 - Administer powers of attorney and financial administration ordersAdminister powers of attorney and financial administration ordersCurrent
FNSPRT415 - Prepare and establish powers of attorneyPrepare and establish powers of attorneyCurrent
FNSPRT414 - Administer complex trustsAdminister complex trustsCurrent
FNSPRT413 - Administer complex estatesAdminister complex estatesCurrent
FNSPRT412 - Prepare willsPrepare willsCurrent
FNSPRT313 - Administer non-complex trustsAdminister non-complex trustsCurrent
FNSPRT312 - Administer non-complex estatesAdminister non-complex estatesCurrent
FNSPRT311 - Establish entitlements to intestate estatesEstablish entitlements to intestate estatesCurrent
FNSPRM613 - Grow financial practicesGrow financial practicesCurrent
FNSPRM612 - Improve business of financial practicesImprove business of financial practicesCurrent
FNSPRM611 - Monitor and review organisational system compliance with legislation and regulationsMonitor and review organisational system compliance with legislation and regulationsCurrent
FNSPRM606 - Establish or review human resources, administration and information supportEstablish or review human resources, administration and information supportCurrent
FNSPRM605 - Establish or review marketing, client services and supplier relationshipsEstablish or review marketing, client services and supplier relationshipsCurrent
FNSPIM531 - Facilitate the setting and achievement of goals in personal injury managementFacilitate the setting and achievement of goals in personal injury managementCurrent
FNSPIM522 - Facilitate workplace assessment with stakeholders for personal injury casesFacilitate workplace assessment with stakeholders for personal injury casesCurrent
FNSPIM521 - Develop return to work or injury management strategiesDevelop return to work or injury management strategiesCurrent
FNSPIM518 - Evaluate and improve return to work programsEvaluate and improve return to work programsCurrent
FNSPIM517 - Manage complex return to work casesManage complex return to work casesCurrent
FNSPIM516 - Promote health benefits of returning to workPromote health benefits of returning to workCurrent
FNSPIM510 - Implement informed decision-makingImplement informed decision-makingCurrent
FNSPIM509 - Comply with regulatory frameworksComply with regulatory frameworksCurrent
FNSPIM505 - Use medical knowledge in the management of personal injury claimsUse medical knowledge in the management of personal injury claimsCurrent
FNSPIM434 - Manage personal injury claimsManage personal injury claimsCurrent
FNSPIM425 - Facilitate recovery and return to lifeFacilitate recovery and return to lifeCurrent
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Imported units of competency

CodeTitleUsageSort Table listing Imported units of competency by the Usage columnReleaseSort Table listing Imported units of competency by the Release columnBelongs to training package
BSBAUD412 - Work within compliance frameworksWork within compliance frameworksCurrentBSB - Business Services Training Package
BSBAUD514 - Interpret compliance requirementsInterpret compliance requirementsCurrentBSB - Business Services Training Package
BSBAUD515 - Evaluate and review complianceEvaluate and review complianceCurrentBSB - Business Services Training Package
BSBAUD516 - Develop and monitor processes for the management of breaches in compliance requirementsDevelop and monitor processes for the management of breaches in compliance requirementsCurrentBSB - Business Services Training Package
BSBAUD601 - Establish and manage compliance management systemsEstablish and manage compliance management systemsCurrentBSB - Business Services Training Package
BSBCMM211 - Apply communication skillsApply communication skillsCurrentBSB - Business Services Training Package
BSBCMM411 - Make presentationsMake presentationsCurrentBSB - Business Services Training Package
BSBCMM412 - Lead difficult conversationsLead difficult conversationsCurrentBSB - Business Services Training Package
BSBCMM511 - Communicate with influenceCommunicate with influenceCurrentBSB - Business Services Training Package
BSBCNV511 - Take instructions in relation to a conveyancing transactionTake instructions in relation to a conveyancing transactionCurrentBSB - Business Services Training Package
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