Undergraduate - UnitAFC3440 - Pension and financial planning

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

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, and strategies for superannuation and social security.

Outcomes

The learning goals associated with this unit are to:

1. describe financial planning activities, and legal compliance requirements for financial planners
2. demonstrate specialist skills required for interaction with financial planning clients
3. 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
4. prepare financial plans for clients with different financial objectives
5. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with pension and financial planning and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFC3440.

Assessment

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

Chief examiner(s)

Roger Gay

Contact hours

3 hours per week

Prerequisites

AFC2240

Prohibitions

AFF3111