Course Title: Superannuation and Retirement

Part A: Course Overview

Course Title: Superannuation and Retirement

Credit Points: 12.00


Course Code




Learning Mode

Teaching Period(s)


Open Learning Australia

Non Award

615H Accounting

Distance / Correspondence



City Campus


615H Accounting


Sem 1 2017,
Sem 1 2018,
Sem 2 2018,
Sem 1 2019,
Sem 2 2019,
Sem 1 2020,
Sem 2 2020,
Sem 1 2021,
Sem 2 2021

Course Coordinator: Dr Maggie Williams

Course Coordinator Phone: +61 3 9925 1402

Course Coordinator Email:

Course Coordinator Location: Building 80 Level 11

Pre-requisite Courses and Assumed Knowledge and Capabilities

You are recommended to have completed the following course(s) or have equivalent knowledge before starting this unit:

  • BAFI1014 Personal Wealth Management

Course Description

In this course you will explore retirement planning with a particular focus on the role of superannuation in Australia. The course will include a comprehensive study of superannuation funds, the funding process, benefit structures, regulatory framework, investment decisions, taxation issues and administration requirements for people currently in the workforce or planning to retire. Also included will be a consideration of the different forms of retirement income planning strategies in the economy, and issues which impact on retirees at different stages during their life. This course includes a Work Integrated Learning (WIL) experience in which your knowledge and skills will be applied and assessed in a real simulated workplace context and where feedback from industry and/or community participant is integral to your experience. In this process you will be required to formulate practical solutions which address your clients’ financial circumstances and achieve an appropriate retirement outcome. The course is listed on the ASIC Register of Compliant Training as meeting the requirements for superannuation specialist knowledge under Regulatory Guide 146 and is also worth 15 Continuing Professional Development (CPD) points for membership of professional bodies such as the Financial Planning Association.

Objectives/Learning Outcomes/Capability Development

On successful completion of this course you will be able to:

CLO1. Identify and analyse the different types of superannuation and superannuation funds available in Australia and the benefits they bestow on the economy and society generally.

CLO2. Evaluate the regulatory environment in which the superannuation system operates and the impact of the various regulatory bodies on the financial planning industry.

CLO3. Interpret the various taxes applied to superannuation and compare tax treatments of deposits and withdrawals of funds from superannuation accounts.

CLO4. Assess the needs of retirees and apply a range of financial planning tools to develop retirement planning options and strategies that take into account broader social and financial issues

CLO5. Individually or work as a team to reflect on the outcomes achieved and appreciate the nexus between the application of theory and the practical outcome expected.

Overview of Learning Activities

Your learning will be supported through various activities which may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; debating selected topics on discussion forums and producing written work.

Overview of Learning Resources

In this course you will be encouraged to be an active learner. Your learning will be supported through various activities which may include quizzes; assignments; prescribed readings; sourcing superannuation regulations, researching and analysing specific information; solving problems; producing written work and collaborating with peers on set tasks or projects. Developing skills to ensure prospective clients receive the most appropriate and contemporary advice in relation to their impending retirement.

Overview of Assessment

The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:

Assessment Task 1: 10%

Linked CLOs: 1, 2, 3

Assessment Task 2: 50%

Linked CLOs: 1, 2, 3, 4, 5

Assessment Task 3: 40%

Linked CLOs: 1, 2, 3, 4