Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSSUP509A Mapping and Delivery Guide
Work within a defined benefit fund
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSSUP509A - Work within a defined benefit fund |
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Description | This unit describes the performance outcomes, skills and knowledge required to explain the design features of a defined benefit fund, identify legislation and regulation relevant to a defined benefit fund, process contributions to defined benefit fund, maintain documentation and records according to defined benefit fund requirements and implement quality assurance procedures.This unit is applicable to individuals working within enterprises and job roles subject to licensing, legislative, regulatory or certification requirements including legislation administered by the Australian Securities and Investment Commission (ASIC). | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit applies to various job roles within a defined benefit fund. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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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: Explain the design of defined benefit funds |
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Element: Process contributions to defined benefit funds |
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Element: Process payment of benefits in a defined benefit fund |
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Element: Process and maintain documentation and records according to defined benefit fund requirements |
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Element: Implement quality assurance procedures |
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