FPL201 Superannuation and Retirement Planning

Updated: 21 March 2019
Credit Points 6
Offering
Responsible Campus Teaching Period Mode of Study
Armidale Trimester 1 Online
Armidale Trimester 2 Online
Armidale Trimester 3 Online
Intensive School(s) None
Supervised Exam There is no supervised examination.
Pre-requisites FPL100
Co-requisites None
Restrictions AFM367 or AFM467 or AFM567 or FIN202 or FIN302
Notes None
Combined Units None
Coordinator(s) Cynthia Shannon (cshanno5@une.edu.au)
Unit Description

This unit provides students with an understanding of the different phases of superannuation, their regulation and the taxation implications for contributing to superannuation, retaining investments in superannuation and withdrawing funds from superannuation.

This unit will include study topics that address who regulates super funds; who can contribute, to super; how much can be contributed; taxation implications; responsibility of trustees; when super can be accessed; lump sum benefits versus pension benefits; retirement planning strategies and taxation on death benefits.

Materials No text required
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment
Must
Complete
Title Exam Length Weight Mode No. Words
Compulsory Client Simulation 30% 1500
Assessment Notes

Financial planning case study.

Relates to Learning Outcomes (LO)

LO: 1-5

Compulsory Online Assessment 30% 1500
Assessment Notes

Online test comprising short answer and multiple choice questions.

Relates to Learning Outcomes (LO)

LO: 1-3

Compulsory Strategy Advice 40% 3000
Assessment Notes

This assessment requires students to generate one or more solutions to meet a client's goals.

Relates to Learning Outcomes (LO)

LO: 1-5


Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. correctly apply the contribution rules and restrictions to individual client circumstances;
  2. demonstrate an understanding of the operation of the different levels of taxation in the superannuation environment;
  3. understand and interpret the different member benefits, and recognise the wider implications of withdrawal decisions;
  4. critically analyse the Pension Benefit Caps and Transfer Balance Account rules for given client scenarios; and
  5. interpret superannuation rules in order to construct an advice solution for a given client scenario.