Offered

Caulfield First semester 2008 (Day)
Caulfield Second semester 2008 (Day)

Synopsis

This unit provides an introduction to financial planning. Coverage includes: the legislative and economic environment; the role of financial service advisers; licensing and disclosure; investment strategies, products, and related taxation implications, with particular reference to securities and managed investments; social security; superannuation, pensions and other retirement issues; estate planning; and the financial planning process. This unit meets Australian Securities and Investments Commission registration requirements for Tier 1 in respect of: specific knowledge in financial planning, securities, managed investments and superannuation; generic knowledge; and skills.

Objectives

The learning objectives of this unit are to:

• describe financial planning activities and legal compliance requirements for financial planners;
• demonstrate specialist skills required for interaction with financial planning clients;
• demonstrate generic knowledge of the Australian and global investment environments, together with specialist knowledge in the areas of superannuation, financial planning, securities and managed investments;
• prepare financial plans for clients with different financial objectives;
• apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with personal financial planning.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Contact hours

3 hours per week

Prerequisites

AFF2631

Co-requisites

BTF3931

Prohibitions

AFC3440