This Qualification first released with FNS Financial Services Training Package version 2.1.
BSBOHS303B Contribute to OHS hazard identification and risk assessment has been removed as not required.
Packaging rule for this qualification have been changed to 9 core units and 6 electives.
Replaces FNS50610 Diploma of Financial Planning Qualification notes.
This qualification is for financial planners who provide a range of standard financial planning services and individuals providing specialist para-planning services.
This is a licensed occupation and core units in this qualification meet Australian Securities and Investments Commission (ASIC) requirements for Tier 1 status. Specific product units for licensing are included in the electives.
NOTE: For current advice on ASIC compliance under RG146 refer to the advice bulletin on the IBSA website or contact ASIC.
Pathways for candidates entering this qualification include:
The primary pathway from this qualification is employment as a financial para-planner providing advice to clients on financial products and services within the ASIC licensing framework for the sector.
A further learning pathway utilising qualifications such as Advanced Diploma of Financial Planning would support career progression.
15 units must be achieved:
9 core units plus 6 elective units
4 elective units must be selected from the elective units listed below.
The remaining 2 elective units may be selected from the elective units listed below, any endorsed Training Package or accredited course. Elective units may be selected from a Certificate IV, Diploma or Advanced Diploma qualification.
Elective units must be relevant to the work outcome, local industry requirements and the qualification level.
|FNSASICZ503A||Provide advice in Financial Planning|
|FNSFPL501A||Comply with financial planning practice ethical and operational guidelines and regulations|
|FNSFPL502A||Conduct financial planning analysis and research|
|FNSFPL503A||Develop and prepare financial plan|
|FNSFPL504A||Implement financial plan|
|FNSFPL505A||Review financial plans and provide ongoing service|
|FNSFPL506A||Determine client requirements and expectations|
|FNSINC401A||Apply principles of professional practice to work in the financial services industry|
|BSBITU402A||Develop and use complex spreadsheets|
|BSBCUS501B||Manage quality customer service|
|BSBINM401A||Implement workplace information system|
|FNSCUS505A||Determine client requirements and expectations|
|FNSCUS506A||Record and implement client instructions|
|BSBSMB405A||Monitor and manage small business operations|
|BSBSUS501A||Develop workplace policy and procedures for sustainability|
|FNSASIC301C||Establish client relationship and analyse needs|
|FNSASIC302C||Develop, present and negotiate client solutions|
|FNSASICX503A||Provide advice in Life Insurance|
|FNSFPL507A||Provide financial planning advice|
|FNSCUS501A||Develop and nurture relationships with clients, other professionals and third party referrers|
|FNSCUS502A||Monitor client requirements|