Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSSUP316 Mapping and Delivery Guide
Terminate superannuation plans
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSSUP316 - Terminate superannuation plans |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to terminate a superannuation plan. It involves confirming trustee instructions, processing superannuation termination transactions, and documenting those transactions.The unit applies to those who, within their level of authority, apply specialised organisational and industry knowledge and follow defined procedures to process financial information.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 equipment, technology, software and consumables financial services product information organisational policies and procedures. 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: Confirm trustee instructions |
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Element: Process outstanding transactions |
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Element: Forward information and payments to required parties |
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Element: Complete and action fund documentation |
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