FPL201 Superannuation and Retirement Planning Strategies and AdviceUpdated: 26 August 2019
|Supervised Exam||There is a supervised exam at the end of the teaching period in which you are enrolled. The exam will either be paper-based and offered at an established exam venue or online with supervision via webcam and screen sharing technology. Coordinated by UNE Exams Unit.|
|Pre-requisites||candidature in BCom(FinPlan) and (FPL113 or FPL100)|
|Restrictions||AFM367 or AFM467 or AFM567 or FIN202 or FIN302 or FPL501|
This unit has been amended from Trimester 2 2019 to comply with FASEA National Planning Curriculum.
The unit title in Trimester 1 was Superannuation and Retirement Planning
- Superannuation and Retirement Planning Strategies and Advice
From Trimester 2: This unit provides students with an understanding of the different phases of superannuation, and how it can be used to build a tax effective retirement nest egg. There is a focus on the optimal strategies that can be utilised to maximise a client's financial position at retirement and beyond. This unit addresses the rules and regulation of superannuation funds and the taxation implications for contributing to, retaining investments in, and withdrawing funds from the superannuation environment. The rules around superannuation are complex and nuanced and a key focus is appreciating the various strategies that can be adopted and the implications of each. Planning for retirement requires an understanding of not only the benefits to members but also includes an appreciation of the tax on superannuation death benefits. This unit will include 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.
For Trimester 1: 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.|
|Learning Outcomes (LO)||
Upon completion of this unit, students will be able to: