AFC3440

Pension and financial planning

(BUS)

Associate Professor Roger Gay

6 points + Three 1-hour classes per week + First semester + Clayton + Prerequisites: AFC2170 or AFC2140 or AFC2240

Synopsis: Topics covered include superannuation economics and demographics, industry structure and regulation. Products available from fund managers, life offices and superannuation trusts. Actuarial mathematics, the mortality table, factors affecting selection, endowments, assurances, single, joint and longest life annuities, application to comparative evaluation of commercial retirement products. Financial planners and the financial planning function, accreditation, responsibilities and duties, determination of client objectives and risk profiles. Packaging financial services, ongoing monitoring and support.

Assessment: Examination: 80% and optional assignment: 20% + Or examination: 100%