Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should demonstrate an understanding of the structure, regulation and participants in the financial planning industry; knowledge of the financial planning process; an understanding of retirement planning and social security issues of financial planning; knowledge of legal issues associated with financial planning.
Synopsis Financial planning legislation, regulation, dealers, advisers, licences and proper authorities; banking industry financial services; the financial planning process, including client interview, data gathering, analysis, portfolio design, taxation and social security; superannuation, eligible termination payments, approved deposit funds, annuities, pensions; social security benefits, allowances and pensions, assets, income, deprivation; law of tort and contract, negligence, duty of care, liability, disclaimers and disclosures.
Assessment Assignment (2000 words): 30% + Examination (3 hours): 70% + Students must pass the examination and gain a minimum of 50 marks overall to pass this subject. + The final mark that a student receives for the subject will be determined by the subject leader taking into account all aspects of assessment.