Monash University

Leader(s): Mr Andrew Child

Offered

Caulfield First semester 2009 (Day)

Synopsis

This unit provides advanced skills in financial planning, construction of a plan, and review of the plan. Coverage includes: preparation of various financial planning documents including the Financial Services Guide, Privacy Statement and Statement of Advice; aspects of the client relationship; gathering data and identifying goals, objectives and financial issues; assessing strategies, preparing recommendations, and writing the Statement of Advice; implementing the plan; reviewing, updating and maintaining the plan.

Objectives

The learning goals associated with this unit are to:

• define the legislative framework pertaining to the financial services sector and how it applies in practice in financial planning
• develop skills in analysis and problem solving that are critical in the preparation of financial plans and related documents
• develop skills in effectively managing and communicating with clients

construct a comprehensive, best practice, compliant Financial Services Guide (FSG), Privacy Statement (PS) and Statement of Advice (SoA)

• develop skills in the use of best practice financial planning software such as VisiPlan.

Assessment

Within semester assessment: 100%

Contact hours

3 hours per week

Prerequisites

AFF9130