Course Title: Provide financial planning advice

Part A: Course Overview

Program: C5205

Course Title: Provide financial planning advice

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


Term2 2008,
Term1 2009,
Term2 2009,
Term1 2012

Course Contact: Sam Tabit

Course Contact Phone: 61 3 9925 1466

Course Contact Email:

Course Description

This unit describes the skill involved in providing financial advice to clients, depending on the level of client contact appropriate for the representative. The unit equally applies when presenting preliminary, amended or final financial plans.

It introduces the workings of the financial planning industry and to provides a framework to be able to develop and provide action plans designed to assist people to achieve their financial goals and improve financial health.

Pre-requisite Courses and Assumed Knowledge and Capabilities


National Competency Codes and Titles

National Element Code & Title:

FNSFPLN507B Provide financial planning advice


1. Create rapport with the client

2. Discuss financial plan with the client

3. Negotiate effectively

4. Complete and maintain necessary documentation

Learning Outcomes

Overview of Assessment

Assessment will incorporate a variety of methods including a group assignment and presentation, tests and /or an examination.
The group assignment will require students to develop and match financial strategies to meet a client’s requirements. It will also involve a group presentation.
Tests/exam are closed book and may consist of multiple-choice questions, case studies and some short answer questions. They will assess underpinning knowledge and skills and the performance elements of the unit.

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