Facilitate customer or employee knowledge of superannuation as an investment tool

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver FNSFLT505, 'Facilitate customer or employee knowledge of superannuation as an investment tool'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Facilitate customer or employee knowledge of superannuation as an investment tool' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)


Elements and Performance Criteria

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Explore the contemporary superannuation environment in Australia

1.1 Identify and analyse purposes and benefits of superannuation as part of a long-term investment strategy to support people in retirement

1.2 Investigate and assess characteristics of superannuation in Australia, following introduction of superannuation guarantee contributions by employers, for their impact on individual and community savings patterns

1.3 Identify and explore role of regulators and trustees in regulation and management of superannuation funds in the Australian superannuation industry

1.4 Explain and clarify key terminology used in the superannuation industry

1.5 Identify sources for ongoing information about superannuation in Australia and explore their uses

2. Analyse range of investment vehicles used in superannuation funds

2.1 Identify nature and role of superannuation schemes and range and types of superannuation fund managers

2.2 Explain and analyse a range of investment objectives and their related strategies

2.3 Identify role of death benefits in superannuation schemes

2.4 Explain and analyse costs of administering and managing superannuation funds

2.5 Analyse and compare cross-section of superannuation funds’ performance over time and explain variables that contributed to performance

3. Foster active management of superannuation funds

3.1 Explain and demonstrate importance and means of checking superannuation statements for accuracy to customers

3.2 Demonstrate and explain techniques for analysing performance, rate of return, government taxes and other costs

3.3 Describe and analyse strategies for building superannuation savings, including personal contributions and salary sacrificing

3.4 Explain importance of retaining superannuation statements for future analysis to customers

3.5 Explain and explore mechanisms to gain information and clarification, or to lodge complaints if concerns or discrepancies arise about an individual’s superannuation fund

4. Foster understanding of structures and strategies to deploy superannuation savings

4.1 Explain and explore processes and requirements for management and deployment of funds when employment status or employer are changed

4.2 Explain and explore role and nature of preserved and non-preserved components of superannuation funds

4.3 Define and explain government regulated minimum age when superannuation benefits can be accessed, and the regulation’s impact, to customers

4.4 Define and explain nature of accumulation or defined benefit funds to customers

4.5 Explain and explore range of structures and techniques for use of superannuation funds on retirement