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 |
Campus |
Career |
School |
Learning Mode |
Teaching Period(s) |
BAFI5189C |
City Campus |
TAFE |
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: sam.tabit@rmit.edu.au
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 |
Elements: |
1. Establish relationship with client |
2. Identify client's objectives, needs and financial situation |
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3. Analyse client's objectives, needs, financial situation and risk profile |
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4. Develop appropriate strategies and solutions |
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5. Present appropriate strategies and solutions to client |
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6. Negotiate financial plan/policy/transaction with client |
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7. Coordinate implementation of agreed plan/policy/ transaction |
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8. Complete and maintain necessary documentation |
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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