Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSFLT505A Mapping and Delivery Guide
Facilitate customer or employee understanding of superannuation as an investment tool
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSFLT505A - Facilitate customer or employee understanding of superannuation as an investment tool |
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Description | This unit describes the performance outcomes, skills and knowledge required to educate customers or other people in or entering the workforce about the role of superannuation as a long term investment device to assist with their preparation for retirement. This includes the purpose of superannuation, statutory requirements for employer contributions, the role of a range of investment vehicles in the building of a superannuation portfolio and the monitoring of a superannuation scheme's performance over time.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement. | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit may be applied within the context of a financial counselling role or in educational programs facilitated by financial counsellors or financial institutions within the context of improving consumer financial literacy. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Explore the contemporary superannuation environment in Australia |
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Element: Analyse the range of investment vehicles used in superannuation funds |
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Element: Foster the active management of superannuation funds |
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Element: Foster understanding of the structures and strategies to deploy superannuation savings |
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