Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSSUP423 Mapping and Delivery Guide
Provide knowledge of retirement planning issues when dealing with superannuation clients
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSSUP423 - Provide knowledge of retirement planning issues when dealing with superannuation clients |
---|---|---|---|
Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to provide general advice to clients relating to a range of retirement planning issues.The unit applies to those who need to keep up-to-date with current issues and requirements relating to retirement, including general financial issues and risk, income streams and annuities, the social security system, aged care facilities, and estate planning.While this unit entails providing information to clients it does not cover the provision of personal advice and is intended as a general overview of post-retirement planning issues.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Users are advised to check with the relevant state and territory regulatory authorities to confirm those 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 equipment, technology, software and consumables financial services product information organisational policies and procedures, including requirements for handling confidential client information. Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards. |
||
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 | |
---|---|---|---|---|---|---|---|---|
Elements of Competency | Performance Criteria | |||||||
Element: Identify and analyse key financial issues relating to retirement |
| |||||||
Element: Outline the role and key features of the social security system impacting retirees |
| |||||||
Element: Provide general information on aged care options and significance of estate planning to clients, within regulatory limits |
|