FPL100 Foundations of Financial PlanningUpdated: 26 August 2019
|Supervised Exam||There is no supervised examination.|
|Pre-requisites||candidature in BCom|
|Restrictions||AFM302 or FIN301|
|Coordinator(s)||Cynthia Shannon (email@example.com)|
In this unit students learn the skills involved in providing financial advice to clients. This unit introduces the regulatory and legislative framework that underpins the financial planning sector in Australia and provides a process for determining a client's attitude to risk and appropriate courses of action to be considered. The unit includes an overview of superannuation, life insurance, estate planning and tax planning to highlight how different strategies can affect financial health and the ability of clients to meet their goals and objectives.
This unit will include topics that address the regulatory framework in financial planning; licensing requirements to give advice; the six step process; economic fundamentals; key financial market participants; the difference between general advice and personal advice; financial advice and code of ethics; client file requirements; risk management; social security; taxation basics; estate planning and superannuation basics.
Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.
|Disclaimer||Unit information may be subject to change prior to commencement of the teaching period.|
|Learning Outcomes (LO)||
Upon completion of this unit, students will be able to: