Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSSMS513 Mapping and Delivery Guide
Manage administration activities of self-managed superannuation funds
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSSMS513 - Manage administration activities of self-managed superannuation funds |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to apply organisational policies and procedures to administer the activities of a self-managed superannuation fund (SMSF). The activities include managing reporting compliance requirements, payments into and out of the funds, and all other administrative activities relating to self-managed superannuation funds.The unit applies to those responsible for implementing and managing a range of administrative activities, and legislative and organisational requirements.No licensing, legislative or certification requirements apply to this unit at the time of publication. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. Skills in this unit must be demonstrated in a workplace or simulated environment where the conditions are typical of those in a working environment in this industry. This includes access to: organisational policies and procedures relating to managing administration activities of self-managed superannuation funds organisational equipment, technology, software and consumables. Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards. |
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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: Identify and manage legislative and organisational reporting requirements relating to SMSF |
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Element: Manage SMSF transactions |
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Element: Manage concerns or complaints raised in relation to internal service provision or external service providers |
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Element: Manage SMSF member records |
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Element: Finalise SMSF administration activities |
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