Packaging Rules

Packaging Rules
12 units must be achieved.

2 core units
plus 10 elective units

7 elective units from Groups A, B, C or D
a minimum of 2 elective units must be selected from Group B
the remaining 3 elective units may be selected from the electives listed below
2 of the elective units may be selected from any endorsed Training Package or accredited course. Both of these units may be from a Diploma qualification; one may be from an Advanced Diploma qualification.

Elective units must be relevant to the work outcome, local industry requirements and the qualification level.

Core units of competency:

FNSCUS601A Establish, manage and monitor key relationships
FNSINC401A Apply principles of professional practice to work in the financial services industry

Elective units of competency:

Group A (Superannuation advice)

FNSASICU503A Provide advice in Superannuation
FNSCUS505A Determine client requirements and expectations
FNSCUS506A Record and implement client instructions
FNSIAD501A Provide appropriate services, advice and products to clients
FNSINC501A Conduct product research to support recommendations

Group B (Fund trustee)

FNSSUP601A Liaise with and support trustees
FNSSUP602A Manage official complaints procedures and proceedings
FNSSUP603A Integrate investment strategy with fund operations

Group C (Self-managed superannuation funds)

FNSSMS601A Provide advice in self-managed superannuation funds
FNSSMS602A Apply taxation requirements to advising in self-managed superannuation funds
FNSSMS603A Apply legislative and operational requirements when advising in self-managed superannuation funds

Group D (Organisational support)

BSBCOM602B Develop and create compliance requirements
BSBCOM603C Plan and establish compliance management systems
BSBMGT605B Provide leadership across the organisation
FNSORG602A Develop and manage financial systems
FNSORG603A Establish and prepare operational guidelines in a financial services organisation
FNSORG604A Establish outsourced services and monitor performance
FNSPRM605A Establish or review marketing, client services and supplier relationships
FNSPRM606A Establish or review human resources, administration and information support
FNSRSK601A Develop and implement risk mitigation plan
FNSSAM602A Identify and evaluate marketing opportunities in the financial services industry
FNSSAM603A Tailor financial products to meet customer needs
FNSSAM604A Establish agreements with intermediaries for product distribution

Group E (General)

BSBINN501A Establish systems that support innovation
BSBITB501A Establish and maintain a workgroup computer network
BSBSUS501A Develop workplace policy and procedures for sustainability
FNSACC505A Establish and maintain accounting information systems
FNSCUS505A Determine client requirements and expectations
FNSCUS506A Record and implement client instructions
FNSIAD501A Provide appropriate services, advice and products to clients
FNSINC501A Conduct product research to support recommendations
FNSORG501A Develop and manage a budget
FNSORG504A Monitor and supervise work practices to meet financial services regulatory requirements
FNSSMS501A Invest self-managed superannuation funds assets
FNSSMS505A Support trustee in the selection and performance monitoring of outsourced services
FNSSUP501A Supervise complaints procedures
FNSSUP504A Provide advanced customer service to superannuation clients