Course Title: Provide advice in Financial Planning

Part A: Course Overview

Program: C5261

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 TAFE Business

Distance / Correspondence or Face-to-Face or Internet

Term2 2012

Course Contact: Sam Tabit

Course Contact Phone: +61 3 9925 1446

Course Contact Email:

Course Description

This is the core course to the program as far as ASIC accreditation is concerned.

it’s aim is to tread a pathway through financial planning advice from client relationship to providing ongoing service.

The central theme to this course is analysing client’s financial needs, researching product and suppliers and recommending appropriate solutions.

The course also looks at transactions and document maintenance.

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.

Pre-requisite Courses and Assumed Knowledge and Capabilities

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There are no pre-requisites to this course but it is co-delivered with:
FNSFPL503A Develop and prepare financial plan
FNSIAD501A Provide appropriate services, advice and products to clients
FNSFMK502A Analyse financial market products for client 




National Competency Codes and Titles

National Element Code & Title:

FNSASICZ503A Provide advice in Financial Planning


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

Complete and maintain necessary documentation

Coordinate implementation of agreed plan/policy/ transaction

Develop appropriate strategies and solutions

Establish relationship with client

Identify client's objectives, needs and financial situation

Negotiate financial plan/ policy/ transaction with client

Present appropriate strategies and solutions to client

Provide ongoing service where requested by client

Learning Outcomes

Overview of Assessment

Assessment may incorporate a variety of methods including written tests, a group assignment and final assessment.

Tests are closed book and consist of multiple choice, practical exercises and short answer questions.

The group assignment requires students to research the role and function of a financial institution or a major contemporary issue relating to the financial system and of concern to consumers.

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