Google Links

Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge

Elements and Performance Criteria

1. Assist authorised representative to establish objectives and strategy
   • Identify trustee’s investment objectives according to available information provided by authorised representative
   • Develop portfolio benchmarks from investment objectives
   • Determine asset allocation and mix so that portfolio benchmarks and investment objectives can be met
   • Compare asset allocation to relevant strategic variables
   • Develop and document investment strategy according to legislative, organisational and trust deed investment requirements
2. Assist authorised representative in selecting investment service providers
   • Determine shortlist of preferred service providers for clients according to investment objectives
   • Communicate and explain investment objectives and strategy to investment service providers so they may invest assets into products according to legislative and trust deed requirements
3. Assist in monitoring investment service provider activities
   • Gather and interpret reports provided by relevant service providers according to legislative, organisational and trust deed requirements
   • Compare results against documented investment objectives and strategy
   • Ensure reallocation of assets according to results achieved and investment strategy
   • Provide member communication and disclosure requirements to client
   • Manage fund liquidity requirements considering current and future liabilities

Performance Evidence

The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:

assist authorised representative(s) to support at least three different trustees in investing self-managed superannuation fund assets according to legislative, organisational and trust deed requirements.

In the course of the above, the candidate must:

demonstrate effective communication skills while interacting with authorised representative(s) and service providers.

---

Knowledge Evidence

The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:

legislative and trust deed requirements relating to investing self-managed superannuation fund assets, including those relating to investment reporting

organisational policies and procedures relating to:

using effective communication skills

devising and documenting investment objectives and strategies

identifying and evaluating potential service providers, including for creating performance criteria

methods for analysing cash flow and liquidity requirements of superannuation funds

key features of investment reports

techniques for establishing investment objectives that meet legislative requirements and risk profiling

variables relating to investment strategies.

---