Course Title: Provide advice in Financial Planning

Part A: Course Overview

Program: C5317

Course Title: Provide advice in Financial Planning

Portfolio: BUS

Nominal Hours: 50.0

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Course Code




Learning Mode

Teaching Period(s)


City Campus


650T Vocational Business Education

Distance / Correspondence or Face-to-Face or Internet

Term1 2014,
Term1 2015,
Term2 2014,
Term2 2015

Course Contact: Sam Tabit

Course Contact Phone: +61 3 9925 1466

Course Contact Email:

Course Description

This unit when combined with industry specified units has been specifically designed to satisfy the skill requirements of current Australian Securities and Investments Commission (ASIC) regulation (Financial Services Reform Act) at Tier 1 (Diploma) level

Pre-requisite Courses and Assumed Knowledge and Capabilities

Pre-requisites to this course:

FNSFPL501A - Comply with financial planning practice ethical and operational guidelines and regulations

FNSFPL502A - Conduct financial planning analysis and research

FNSFPL503A -Develop and prepare financial plan

FNSFPL504A - Implement financial plan

FNSFPL505A -Review financial plans and provide ongoing service

There are no co-requisites to this course.


National Competency Codes and Titles

National Element Code & Title:

FNSASICZ503A Provide advice in Financial Planning


1. Establish relationship with client

2. Identify client's objectives, needs and financial situation

3. Analyse client's objectives, needs, financial situation and risk profile

4. Develop appropriate strategies and solutions

5. Present appropriate strategies and solutions to client

6. Negotiate financial plan/policy/transaction with client

7. Coordinate implementation of agreed plan/policy/ transaction

8. Complete and maintain necessary documentation

9. Provide ongoing service where requested by client

Learning Outcomes

Overview of Assessment

Assessment may incorporate a variety of methods including technical requirements documentation, homework, assignments, group and/or individual projects, in class exercises, written and practical tests, problem solving exercises, presentations, direct observation of actual and simulated work practice, presentation of a portfolio of evidence which may comprise documents, and/or photographs and/or video and audio files, review of products produced through work-based or course activities.

You are advised that you are likely to be asked to personally demonstrate your assessment work to your teacher to ensure that the relevant competency standards are being met. You will be provided with feedback throughout the course to check their progress