Provides an overview of financial planning; investments; retirement; and cash-flow planning; taxation; legal structures; risk assessment; and insurance, focusing on critical aspects of the financial planner-client relationship.
Topic 1: Role and Scope of Financial Planning
Topic 2: Contemporary Issues in the Financial Planning Industry
Topic 3: Legal & Ethical Framework
Topic 4: Examining the Financial Planning Process
Topic 5: Investment Fundamentals, Asset Classes and Financial Products
Topic 6: Taxation Fundamentals
Topic 7: Superannuation and Retirement Planning
Topic 8: Social Security Applications
Topic 9: Risk Management & Insurance
Topic 10: Estate Planning
Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.
Learning outcomes and graduate attributes
|On completion of this unit, students should be able to:||GA1||GA2||GA3||GA4||GA5||GA6||GA7|
|1||describe and critically appraise the role of a financial planner||Intellectual rigour||Knowledge of a discipline|
|2||describe the range of financial services provided by a financial planner||Intellectual rigour||Knowledge of a discipline|
|3||explain the importance of the financial planner-client relationship||Intellectual rigour||Ethical practice||Knowledge of a discipline|
|4||develop appropriate financial planning strategies for a range of clients||Intellectual rigour||Ethical practice||Knowledge of a discipline||Communication and social skills|
|5||evaluate the role of various types of investment products for inclusion in a client wealth building strategy||Intellectual rigour||Ethical practice||Knowledge of a discipline|
|6||advise client's on their exposure to investment and financial risk||Intellectual rigour||Ethical practice||Knowledge of a discipline||Communication and social skills|
|7||outline and explain the taxation and legal framework which financial planners operate within.||Intellectual rigour||Knowledge of a discipline|
- McKeown, W, Kerry, M & Olynyk, M, 2014, Financial Planning, 2nd edn, John Wiley & Sons, Milton, QLD. ISBN: 9781118644836.
Teaching and assessment
|Structured online learning 1 hour (12 weeks)|
|Exam: open book||50%|
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2016 Commonwealth Supported only. Student contribution band: 3
Please check the international course and fee list to determine the relevant fees.