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:

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.

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.

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
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
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
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

Assessment Cover Sheet

FNSSMS511 - Invest self-managed superannuation fund assets

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

FNSSMS511 - Invest self-managed superannuation fund assets

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: