Release 

Comments 

Release 1

This version first released with FNS Financial Services Training Package Version 1.0.

ELEMENT 

PERFORMANCE CRITERIA 

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Provide technical guidance to other staff in the practice

1.1 Provide technical guidance and advice, appropriate to skill level and need, to other financial planners, trainee financial planners and para-planners to assist in development of financial plans

1.2 Provide technical advice and assistance to administrative and processing staff when required

1.3 Use specialists with appropriate advanced technical competency as point of reference when required

1.4 Recognise potential problems before they develop and take precautionary steps to prevent them

1.5 Model and communicate ethical behaviour requirements to staff and peers

2. Provide technical and professional information to staff and peers

2.1 Circulate information obtained by representatives that is relevant to staff and peers for development purposes

2.2 Provide opportunities to staff for feedback and queries on circulated information

3. Act as practice reference for any special areas of expertise

3.1 Establish staff briefings or training sessions in representative’s area of expertise

3.2 Develop and deliver skill development exercises for individual staff as required

3.3 Monitor market, product, legislative and regulatory changes in special areas of expertise for development purposes

3.4 Monitor and address practice information and skill requirements in special areas of expertise

Skill 

Performance Criteria 

Description 

Learning

1.1, 1.2, 3.2

• Updates own knowledge and skills through advising, coaching, mentoring or training others

Reading

2.1, 3.3, 3.4

• Researches, analyses and manages information from a range of sources to determine and confirm staff development requirements

Writing

1.1, 1.2, 2.1, 2.2, 3.1, 3.2

• Prepares and presents information using appropriate formats, language and concepts for training and staff development

Oral Communication

1.1, 1.2, 2.1, 2.2, 3.1, 3.2, 3.4

• Articulates information clearly and involves others in discussions using active listening and questioning techniques
• Uses pace, tone and gestures appropriately in the presentation of information to others

Numeracy

1.1, 1.2, 3.3

• Interprets and explains financial information to determine requirements and clarify understanding of others

Navigate the world of work

1.5, 3.3, 3.4

• Takes full responsibility for compliance with legislative and ethical requirements and identifies organisational implications of new or changed legislation or regulation

Interact with others

1.1, 1.2, 1.5, 2.1, 2.2, 3.1, 3.2

• Selects and uses appropriate communication conventions and protocols to seek and provide relevant information
• Demonstrates sophisticated control over oral, visual and/or written formats, drawing on a range of communication practices to achieve goals

Get the work done

1.1-1.4, 2.1, 2.2, 3.1-3.4

• Plans, organises and coordinates processes and activities to achieve staff development requirements
• Uses a combination of intuition and systematic analysis to identify potential problems and implement contingency plans
• Uses the main features and functions of digital tools to complete work tasks

Code and title  

current version 

Code and title 

previous version 

Comments 

Equivalence status 

FNSFPL601 Provide technical and professional guidance

FNSFPL601A Provide technical and professional guidance

Updated to meet Standards for Training Packages

Equivalent unit

Release 

Comments 

Release 1

This version first released with FNS Financial Services Training Package Version 1.0.