The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Explore the contemporary superannuation environment in Australia
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The purposes and benefits of superannuation as part of a long-term investment strategy to support people in retirement are identified and analysed Completed |
Evidence:
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The characteristics of superannuation in Australia following the introduction of Superannuation Guarantee contributions by employers are canvassed and assessed for their impact on individual and community savings patterns Completed |
Evidence:
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The role of regulators and trustees in the regulation and management of superannuation funds in the Australian superannuation industry is identified and explored Completed |
Evidence:
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Key terminology used within the superannuation industry is explained and clarified Completed |
Evidence:
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Sources for ongoing information about superannuation in Australia are identified and their uses explored Completed |
Evidence:
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Analyse the range of investment vehicles used in superannuation funds
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The nature and role of superannuation schemes and the range and types of superannuation fund managers are identified Completed |
Evidence:
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A range of investment objectives and their related strategies are explained and analysed Completed |
Evidence:
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The role of death benefits within superannuation schemes is identified Completed |
Evidence:
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The costs of administering and managing superannuation funds are explained and analysed Completed |
Evidence:
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A cross-section of superannuation funds' performance over time is analysed and compared, and the variables that contributed to performance are explained and analysed Completed |
Evidence:
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Foster the active management of superannuation funds
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The importance and means of checking superannuation statements for accuracy are explained and demonstrated to the customer Completed |
Evidence:
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Techniques for analysing the performance, rate of return, government taxes and other costs are demonstrated and analysed Completed |
Evidence:
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Strategies for building superannuation savings including personal contributions and salary sacrificing are described and analysed Completed |
Evidence:
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The importance of retaining superannuation statements for future analysis is explained to the customer Completed |
Evidence:
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Mechanisms to gain information, clarification or to lodge complaints if concerns or discrepancies arise about an individual's superannuation fund are explained and explored Completed |
Evidence:
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Foster understanding of the structures and strategies to deploy superannuation savings
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The processes and requirements for the management and deployment of funds when employment status or employer are changed are explained and explored Completed |
Evidence:
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The role and nature of preserved and non-preserved components of superannuation funds are explained and explored Completed |
Evidence:
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The government regulated minimum age when superannuation benefits can be accessed, and the regulation's impact, are defined and explained to the customer Completed |
Evidence:
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The nature of accumulation or defined benefit funds are defined and explained to the customer Completed |
Evidence:
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The range of structures and techniques for the utilisation of superannuation funds on retirement are explained and explored Completed |
Evidence:
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