Qualification Outline

Date retreived
22/07/2026 9:02 AM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Advanced Diploma of Superannuation

Advanced Diploma of Superannuation

Qualification
National Code:
FNS60515
State Code:
AWA9
TGA Status:
Deleted
DTWD Status:
Deleted
National Endorsed, State Implementation and Classification
Field of Education
0811 - Banking, Finance And Related Fields
Original TGA Release Date
25/03/2015
Approved Date
16/09/2015
Stream of Study
Initial Vocational (3100 - 3600)
VET Act Classifier
C
Nominal Hours
710
Duration
2 Semesters
Current Release Number
4.00
Current Release Date
13/02/2018
VET Act Conditions
Releases
Release Version Release Date TGA Status DTWD Status
4.00 13/02/2018 Current Approved
3.00 14/01/2016 Replaced Approved
2.00 22/04/2015 Replaced Approved
1.00 25/03/2015 Replaced Approved
Description

This qualification is designed to flexibly reflect job roles with team and business result responsibilities in superannuation environments. At this level individuals are expected to apply specialist skills and knowledge in a range of situations to deal with complex situations and issues relating to business systems, compliance and working with trustees and/or outsourced service providers. They work across a broad range of technical or management functions with accountability for personal outputs and for team outcomes.

Licensing/Regulatory Information
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.

Schedule
Packaging Rules
Total number of units = twelve (12)
- two (2) core units plus
- ten (10) elective units

The elective units consist of:
- two (2) from Group B
- five (5) from Group A, Group B, Group C or Group D

Of the remaining three (3) units:
- three (3) may be from the electives below
- two (2) may be from a Diploma in any endorsed training package or accredited course
- one (1) may be from an Advanced Diploma in any endorsed training package or accredited course.

The elective units chosen must be relevant to the work outcome and meet local industry needs.

Units selected from other training packages or accredited courses must not duplicate units selected from or available within the Financial Services or Business Services Training Packages.
1. Core Units

The following two (2) units must be completed.

State Code National Code Title Hours Type
AUR82 FNSINC401 Apply principles of professional practice to work in the financial services industry 20 Unit of competency
AUQ92 FNSCUS601 Establish, manage and monitor key relationships 50 Unit of competency
2. Group A Superannuation Advice Elective Units

Five (5) units must be chosen from Group A, Group B, Group C or Group D.
Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
AUR89 FNSINC501 Conduct product research to support recommendations 80 Unit of competency
AUQ87 FNSCUS505 Determine client requirements and expectations 60 Unit of competency
AUQ47 FNSASICU503 Provide advice in superannuation 50 Unit of competency
AUR30 FNSIAD501 Provide appropriate services, advice and products to clients 120 Unit of competency
AUQ89 FNSCUS506 Record and implement client instructions 60 Unit of competency
3. Group B Fund Trustee Elective Units

Five (5) units must be chosen from Group A, Group B, Group C or Group D.
Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
AUT42 FNSSUP603 Integrate investment strategy with fund operations 80 Unit of competency
AUT38 FNSSUP601 Liaise with and support trustees 60 Unit of competency
AUT39 FNSSUP602 Manage official complaints procedures and proceedings 70 Unit of competency
4. Group C Self-managed Superannuation Funds Elective Units

Five (5) units must be chosen from Group A, Group B, Group C or Group D.
Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
AUT12 FNSSMS603 Apply legislative and operational requirements to advising in self-managed superannuation funds 120 Unit of competency
AUT25 FNSSMS602 Consider taxation requirements when advising in self-managed superannuation funds 80 Unit of competency
AUT08 FNSSMS601 Provide advice in self-managed superannuation funds 100 Unit of competency
5. Group D Organisational Support Elective Units

Five (5) units must be chosen from Group A, Group B, Group C or Group D.
Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
AUJ30 BSBCOM602 Develop and create compliance requirements 50 Unit of competency
AUS79 FNSRSK601 Develop and implement risk mitigation plan 50 Unit of competency
AUS52 FNSORG602 Develop and manage financial systems 60 Unit of competency
AUT15 FNSSAM604 Establish agreements with intermediaries for product distribution 80 Unit of competency
AUS53 FNSORG603 Establish and prepare operational guidelines in a financial services organisation 50 Unit of competency
AUP51 FNSPRM606 Establish or review human resources, administration and information support 80 Unit of competency
AUS65 FNSPRM605 Establish or review marketing, client services and supplier relationships 80 Unit of competency
AUP50 FNSORG604 Establish outsourced services and monitor performance 40 Unit of competency
AUT04 FNSSAM602 Identify and evaluate marketing opportunities in the financial services industry 80 Unit of competency
AUJ27 BSBCOM603 Plan and establish compliance management systems 50 Unit of competency
AUG94 BSBMGT605 Provide leadership across the organisation 60 Unit of competency
AUT02 FNSSAM603 Tailor financial products to meet customer needs 50 Unit of competency
6. Group E General Elective Units

Up to three (3) units may be chosen from the elective units listed.
Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
BBH69 FNSINC504 Apply ethical frameworks and principles to make and act upon decisions 35 Unit of competency
AUS35 FNSORG501 Develop and manage a budget 50 Unit of competency
AUI86 BSBSUS501 Develop workplace policy and procedures for sustainability 50 Unit of competency
AUL49 BSBITB501 Establish and maintain a workgroup computer network 50 Unit of competency
AUQ17 FNSACC505 Establish and maintain accounting information systems 40 Unit of competency
AUH52 BSBINN501 Establish systems that support innovation 50 Unit of competency
BBH97 FNSINC503 Identify situations requiring complex ethical decision making 35 Unit of competency
AUT09 FNSSMS501 Invest self-managed superannuation funds assets 60 Unit of competency
AUS32 FNSORG504 Monitor and supervise work practices to meet financial services regulatory requirements 60 Unit of competency
AUT36 FNSSUP504 Provide advanced customer service to superannuation clients 50 Unit of competency
AUP54 FNSSUP501 Supervise complaints procedures 50 Unit of competency
AUT07 FNSSMS505 Support trustee in the selection and performance monitoring of outsourced services 50 Unit of competency
Replaces
State Code National Code Title Type
J604 FNS60513 Advanced Diploma of Superannuation Qualification
No information
Entry Requirements

The entry requirement for this qualification is completion of 5 units of competency, comprising:

FNSINC402A Develop and maintain in-depth knowledge of products and services used by an organisation or sector (from FNS50715 or FNS50711 Diploma of Superannuation, or equivalent)
and
4 superannuation elective units (SUP code) from:
FNS50715 Diploma of Superannuation, or
FNS50711 Diploma of Superannuation, or
FNS50904 Diploma of Finance (Superannuation) (SUPR code), or equivalent.

Traineeships and Apprenticeships
No information