Manage administration activities of a superannuation fund

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 FNSSMS503A, 'Manage administration activities of a superannuation fund'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Manage administration activities of a superannuation fund' 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

1. Identify and manage reporting compliance requirements with legislative and operational requirements

1.1. Sources of information on legislative, regulatory requirements and compliance requirements are identified

1.2. Regulations and relevant legislative requirements that impact administrative processes and procedures are identified

1.3. Specialist advice is sought on areas outside of knowledge area and authority limits

1.4. Accuracy, thoroughness and timing of reporting procedures are reviewed against legislative requirements

2. Manage contributions and rollovers into the fund

2.1. The accuracy and timelines of allocations and/or processing of contributions and rollovers, into the fund are reviewed in accordance with legislative and operational guidelines

2.2. Contributions are reviewed to ensure that they have been allocated in accordance with employer or trustee instructions

2.3. Contribution anomalies identified are reviewed to ensure correct processing

3. Manage other payments

3.1. Payments into the fund are reviewed in accordance with legislative and operational guidelines

3.2. The accuracy and timelines of benefit payments out of the fund are reviewed in accordance with legislative and operational guidelines

3.3. Payment practices and processes are reviewed in accordance with legislative and operational guidelines

4. Manage internal and external complaints

4.1. Internal and external complaints procedures are reviewed to ensure that they are carried out accurately and in a timely manner and in accordance with legislative and operational procedures

5. Manage member/employee records

5.1. Documents are reviewed to ensure that document checking and validity processes are implemented, and supporting documentation is supplied

5.2. Documentation is reviewed to ensure that advice and acknowledgement have been issued

5.3. Employee records are reviewed to ensure currency of information

5.4. Documentation storing processes are reviewed to ensure compliance with organisational policies and procedures

6. Manage trustee instructions

6.1. Trust deed instructions are reviewed to ensure they have been actioned correctly

6.2. External service providers are liaised with to validate that trustee instructions have been implemented

6.3. Monies received from investments are reviewed against trustee and trust deed instructions

6.4. Payments made are reviewed against trustee and trust deed instructions

7. Ensure annual returns are lodged

7.1. Annual review process is completed accurately, thoroughly and in time, in accordance with legislative and operational requirements

7.2. Trustee reporting, member reporting and insurance reporting is completed accurately, thoroughly and in time, in accordance with legislative and operational requirements

7.3. Australian Prudential Regulation Authority (APRA)/ Australian Taxation Office (ATO)/annual return/ATO tax return, are completed accurately, thoroughly and in time, in accordance with legislative and operational requirements


Qualifications and Skillsets

FNSSMS503A appears in the following qualifications: