Course Title: Superannuation and Retirement Planning 1

Part A: Course Overview

Course Title: Superannuation and Retirement Planning 1

Credit Points: 12

Course Code




Learning Mode

Teaching Period(s)


City Campus


625H Economics, Finance & Marketing


Sem 1 2006,
Sem 1 2007,
Sem 1 2008,
Sem 1 2009,
Sem 1 2010,
Sem 1 2011,
Sem 2 2006,
Sem 2 2007,
Sem 2 2008,
Sem 2 2009,
Sem 2 2010,
Sem 2 2011

Course Coordinator: Mr Lincoln Holland

Course Coordinator Phone: +61 3 9739 4077

Course Coordinator

Pre-requisite Courses and Assumed Knowledge and Capabilities

BAFI1014 Introduction to Financial Planning or ACCT1018 Financial Planning

Course Description

The course aims to develop an understanding of retirement planning with a particular focus on the role of superannuation in Australia. The course will include a comprehensive study of superannuation funds, funding process, benefit structures, regulatory framework, investment decisions, taxation issues and administration requirements. Also included will be a consideration of the different forms of retirement income planning in the economy and issues, which impact on retirees at different stages of their life.

Industry Recognition:
The course is listed on the ASIC Register of Compliant Training as meeting the requirements for superannuation specialist knowledge under Regulatory Guide 146.
Successful completion is also worth 15 Continuing Professional Development (CPD) points for membership of professional bodies such as the Financial Planning Association.

Note:  Completion of this course does not provide you with any authority:
1.    under the Corporations Act 2001 in respect of Australian Financial Services Licence laws; by itself, the course does not allow you to provide financial product advice.
2.    to provide tax agent services or tax advice as part of financial planning advice.

If you are undertaking this course in Melbourne from semester 2, 2012 onwards your teacher will advise you if you require access to a computer for the course. It is recommended that you have access to a mobile computing device to allow greater flexibility in terms of where you can work on campus outside class times.

Objectives/Learning Outcomes/Capability Development


At the conclusion of this course, you should be able to:

-Outline the problems of an ageing population and describe the general requirements for retirement income policy as prescribed by the World Bank.
-Demonstrate an understanding of the nature of superannuation, the ideology underlying it and its importance in the economy and society.

-Outline the types of superannuation funding applied by overseas countries.
-Explain the regulatory environment in which the superannuation system operates and the impact of the various regulatory bodies on the financial planning industry.
-Discuss the different types of superannuation and superannuation funds available in Australia.
-Discuss the role and obligations of superannuation fund trustees in Australia.
-Demonstrate an understanding of the nature and tax treatment of payments into a superannuation fund.
-Outline the taxation treatment of withdrawals of funds from superannuation.
-Demonstrate an understanding of the concept of retirement planning and the broader social and financial issues associated with retirement.
-Demonstrate the ability to identify critical issues associated with individual retirement planning.
-Discuss investment options and strategies appropriate to retirees.
-Demonstrate an understanding of the role of superannuation and retirement planning in the broader context of financial planning.

-Be able to present information and recommendations to clients both in writing and orally.


Overview of Learning Activities

To achieve the objectives listed above this course requires you to participate in various learning activities. These activities comprise the following:

-Attendance at, and note-taking during, scheduled lectures.
-Reading of, and note-taking from, prescribed text and distributed references.
-Completion of  tutorial questions prior to each tutorial.
-Completion of assigned assessment tasks.

Overview of Learning Resources

Topic Notes

Overview of Assessment

’the assessment tasks may include some or all of the following:

· Assignments

· Presentations

· Tests, quizzes and examinations.

The exact assessment for any semester will be made known at the commencement of the course.’