Extract and analyse information on specified financial strategies and products

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 FNSFPL401, 'Extract and analyse information on specified financial strategies and products'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Extract and analyse information on specified financial strategies and products' 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. Interpret research requirements

1.1 Review and quantify client information and objectives, and establish research topics

1.2 Check specifications of products and/or services to be researched with senior financial planner

1.3 Establish and accurately interpret aims and objectives of research, and measure against client requirements and expectations

1.4 Establish timeframes and prioritise requests to ensure available information is useable and justifiable

2. Research financial products and strategies to set guidelines

2.1 Ensure data extraction criteria are relevant to intended use and client requirements

2.2 Identify trends to provide meaningful information on strategies and product performance

2.3 Identify potential risk factors associated with researched strategies and products

2.4 Analyse financial products and strategies within appropriate timeframes to ensure currency of decision making

2.5 Identify issues that require specialist and/or independent research or advice

3. Summarise research information and contribute to recommendations

3.1 Collate, prioritise and check information on financial strategies and products against research specification

3.2 Analyse research for completeness and assess for relevant implications of information

3.3 Prepare written performance, trend and risk analyses and check against research specification

3.4 Define and record any qualifications or issues for further research

3.5 Provide recommendations to financial planning process according to organisational procedures and guidelines


Qualifications and Skillsets

FNSFPL401 appears in the following qualifications:

  • FNS40710 - Certificate IV in Financial Practice Support
  • FNS41311 - Certificate IV in Personal Trust Administration
  • FNS40715 - Certificate IV in Financial Practice Support
  • FNS41315 - Certificate IV in Personal Trust Administration
  • FNS42215 - Certificate IV in Personal Trust Administration
  • FNS52015 - Diploma of Personal Trusts