Conduct product research to support recommendations

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 FNSINC501A, 'Conduct product research to support recommendations'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Conduct product research to support recommendations' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria



1. Interpret available information and conduct research

1.1. Timelines are established to meet research requirement deadlines

1.2. Relevant sources of information are identified accurately and consistently, and required information can be sourced and retrieved readily and promptly

1.3. Sources of research information and documentation are constantly reviewed to ensure currency and accuracy

1.4. Research findings logically flow from the interpretation of information available and are prepared in a detailed, clear, accurate and timely format

2. Analyse and review research findings and activities

2.1. Research activities and outcomes are consistent with organisation policy and guidelines, confidentiality requirements, and with relevant legislation or industry codes of practice

2.2. Research findings and activities are analysed and reviewed to ensure accuracy and thoroughness

2.3. The adequacy of statutory disclosures is reviewed to maintain consistency and compliance

2.4. Feedback is regularly sought to monitor the effectiveness and appropriateness of research activities

3. Document research and distribute to relevant parties

3.1. All research is checked to ensure compliance with organisation policy and guidelines, and with relevant legislation or industry codes of practice, and is authorised before release

3.2. Research is distributed to all relevant parties as required in a timely manner

3.3. Confirmation of receipt of research information is obtained where relevant in order to complete organisation records of compliance

Qualifications and Skillsets

FNSINC501A appears in the following qualifications:

  • FNS41410 - Certificate IV in General Insurance
  • FNS60710 - Advanced Diploma of Financial Licensing Management
  • FNS60410 - Advanced Diploma of Financial Planning
  • FNS51210 - Diploma of Insurance Broking
  • FNS51310 - Diploma of Life Insurance
  • FNS51610 - Diploma of Securitisation
  • FNS50710 - Diploma of Superannuation
  • FNS51110 - Diploma of General Insurance
  • FNS51010 - Diploma of Financial Markets
  • FNS40710 - Certificate IV in Financial Practice Support
  • FNS60510 - Advanced Diploma of Superannuation
  • FNS50610 - Diploma of Financial Planning
  • FNS41411 - Certificate IV in General Insurance
  • FNS50711 - Diploma of Superannuation
  • FNS50611 - Diploma of Financial Planning
  • FNS60711 - Advanced Diploma of Financial Licensing Management
  • FNS51011 - Diploma of Financial Markets
  • FNS41811 - Certificate IV in Financial Services
  • FNS51611 - Diploma of Securitisation
  • FNS51811 - Diploma of Financial Services
  • FNS51312 - Diploma of Life Insurance
  • FNS60513 - Advanced Diploma of Superannuation