List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

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:

conduct research into a different financial product to support recommendations in at least three of the following practice areas:

aged care

direct investments

estate planning

life insurance

managed investments

retirement planning

social securities

superannuation

taxation.

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 requirements and codes of practice relating to financial product research, including:

protocols relating to product research

confidentiality requirements

organisational policies, procedures, guidelines and requirements relating to products and research, including for:

sourcing required product information

conducting research activities

preparing and documenting research findings

obtaining release authorisations

distributing research and receipt confirmation

completing records of compliance

sources of information for research on financial products

current economic climate and forecasted outlook for researched financial products

financial forecasting techniques and tools to be used to assess the market for financial products

local and international financial markets and investment outlook for financial products

techniques and tools for evaluating and interpreting research data.

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice	Yes	No	Comments/feedback
Confirm nature and scope of required research and establish research strategy
Establish timelines to meet required research goal and timeframes
Identify sources of information relevant to research
Source and retrieve required information according to organisational policies and procedures
Prepare research approach based on interpretation of available information and according to organisational policies and procedures
Conduct research activities according to legislative and confidentiality requirements, organisational policy and guidelines and industry codes of practice
Analyse research findings and activities to ensure accuracy and thoroughness
Review and maintain compliance with statutory disclosure requirements
Seek feedback on effectiveness and appropriateness of research activities from required stakeholders
Check research to ensure compliance with legislative requirements, organisational policy and guidelines, and industry codes of practice
Finalise research documentation according to organisational procedures
Obtain required authorisations to release research according to organisational procedures
Distribute research to required stakeholders according to organisational policies and procedures
Obtain confirmation of receipt of research information where relevant and complete organisational records of compliance

Assessment Cover Sheet

FNSINC511 - Conduct financial product research to support product recommendations

Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

FNSINC511 - Conduct financial product research to support product recommendations

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: