Course Title: Review financial plans and provide ongoing service
Part B: Course Detail
Teaching Period: Term1 2013
Course Code: BAFI5188C
Course Title: Review financial plans and provide ongoing service
School: 650T TAFE Business
Campus: City Campus
Program: C5317 - Diploma of Financial Planning
Course Contact : Michael Elliot
Course Contact Phone: +61 3 9925 5519
Course Contact Email:michael.elliot@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Nominal Hours: 40
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.
Pre-requisites and Co-requisites
None.
Course Description
This unit describes the performance outcomes, skills and knowledge required to monitor the implementation and progress of financial plans and establish ongoing client service arrangements.
It encompasses discussing and confirming arrangements and procedures for ongoing service with clients, establishing procedures for providing ongoing service and undertaking or supervising review of a financial plan.
This unit is applicable to individuals working within enterprises and job roles subject to licensing, legislative, regulatory or certification requirements including legislation administered by the Australian Securities and Investments Commission (ASIC).
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
FNSFPL505A Review financial plans and provide ongoing service |
Element: |
2. Establish procedures for providing ongoing service |
Performance Criteria: |
2.1. Personnel to implement each action in the ongoing service arrangements are identified and briefed |
Element: |
1. Discuss and confirm arrangements for ongoing service |
Performance Criteria: |
1.1. Ongoing service options are identified for the client and appropriate options recommended |
Element: |
3. Undertake and/or supervise review of financial plan |
Performance Criteria: |
3.1. Arrangements are established for reviewing the ongoing relevance and performance of the financial plan |
Learning Outcomes
Details of Learning Activities
This unit is delivered using a blend of classroom based and self -paced learning activities.
Teaching Schedule
Week | Week Comm | Topics | Assessment |
1 | Pre-training review: • RPL /LLN Familiarisation with: • Program • Services/facilities • Other students • Teacher(s) • Where to get support • Student responsibilities • Course requirements • Course support documents • Pre-reading • Blackboard • Overview of assessment requirements • Grading • Plagiarism • Appeals • Extensions • Feedback • Privacy • Submission requirements • Resubmission policy |
||
2 | Chapter 1 Diploma of Financial Planning Insurance Planning Module |
||
3 | Chapter 1 Diploma of Financial Planning Insurance Planning Module |
Assessment on Topics from weeks 1 and 2 Short Answer Questions Grading (CA/NYC) |
|
4 | Finalise Chapter 1 Diploma of Financial Planning Insurance Planning Module Assessment 1 feedback |
||
5 | Chapter 2 Diploma of Financial Planning Insurance Planning Module |
||
6 | Chapter 2 (continued) Diploma of Financial Planning Insurance Planning Module |
||
7 | Chapter 2 (continued) Diploma of Financial Planning Insurance Planning Module |
27th (Wednesday)last day of teaching before Easter break. Classes resume Thursday 4th of April | |
Mid semester break (28th March to 3rd April) | |||
8 | Finalise Chapter 2 Diploma of Financial Planning Insurance Planning Module |
Assignment Handed out including discussion on assessment requirements. | |
9 | Chapter 3 Diploma of Financial Planning Insurance Planning Module |
||
10 | Chapter 3 Diploma of Financial Planning Insurance Planning Module |
||
11 | Finalise Chapter 3 Diploma of Financial Planning Insurance Planning Module |
Electronic Draft of assignment to be submitted to teacher in class. | |
12 | Chapter 4 Diploma of Financial Planning Insurance Planning Module |
Final Assignment discussion With teacher |
|
13 | Chapter 4 Diploma of Financial Planning Insurance Planning Module |
Final Assignment discussion With teacher |
|
14 | Finalise Chapter 4 Diploma of Financial Planning Insurance Planning Module |
Continued as per above Assignment due (CA/NYC) |
|
15 | Finalise Chapter 4 Diploma of Financial Planning Insurance Planning Module |
||
16 | Re-submissions if required | ||
17 | Feedback |
Learning Resources
Prescribed Texts
References
Other Resources
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.
Assessment Tasks
Assessment Tasks
You are required to complete 3 tasks. You must successfully complete all 3 tasks to be deemed competent in this unit.
TASK 1 ( Week 3)
This will consist of an assessment consisting of short answer questions. CA/NYC
TASK 2 (Week 13) CA/NYC
An individual assignment requiring students to conduct research into risk management.
The above task will be presented in report format (approx. 300- 500 words per recommendation).
TASK 3 (Week 15) CA/NYC
A two hour open book assessment covering Topics covered in Weeks 3 to Weeks 14
Assessment Matrix
Course Overview: Access Course Overview