Assessor Resource
FNSSUP416
Establish and maintain superannuation accumulation funds
Assessment tool
Version 1.0
Issue Date: May 2024
This unit describes the skills and knowledge required to establish and maintain a superannuation accumulation fund for a member. It involves interpreting fund details, seeking specialist advice when necessary, establishing systems and administrative procedures to meet requirements, creating client records and updating fund details.
The unit applies to those who, within their level of authority, apply specialised industry and organisational knowledge and follow defined procedures to process and update information.
Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Users are advised to check with the relevant state and territory regulatory authorities to confirm those requirements.
You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)