Qualification Outline
Date retreived
22/07/2026 4:47 AM AWST
22/07/2026 4:47 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.
Diploma of Superannuation
Diploma of Superannuation
Qualification
National Code:
FNS50711
FNS50711
State Code:
D720
D720
TGA Status:
Replaced
Replaced
DTWD Status:
Replaced
Replaced
National Endorsed, State Implementation and Classification
Field of Education
0811 - Banking, Finance And Related Fields
Original TGA Release Date
18/07/2013
Approved Date
29/07/2014
Stream of Study
Initial Vocational (3100 - 3600)
VET Act Classifier
C
Nominal Hours
740
Duration
2 Semesters
Current Release Number
2.00
Current Release Date
18/07/2013
VET Act Conditions
—
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 2.00 | 18/07/2013 | Current | Approved |
Description
This qualification is designed to reflect job roles in the superannuation industry and may involve providing leadership, guidance and responsibility for the superannuation work outcomes of others.
Schedule
Packaging Rules
12 units must be achieved.2 core units
plus 10 elective units
8 elective units must be selected from the elective list below.
The remaining 2 elective units may be selected from the elective units listed below, any endorsed Training Package or accredited course. Elective units may be selected from a Certificate IV, Diploma or Advanced Diploma qualification.
Elective units must be relevant to the work outcome, local industry requirements and the qualification level.
Core units of competency:
FNSINC401A Apply principles of professional practice to work in the financial services industry
FNSINC402A Develop and maintain in-depth knowledge of products and services used by an organisation or sector
Elective units of competency:
ASIC compliance
FNSASICU503A Provide advice in Superannuation
FNSIAD501A Provide appropriate services, advice and products to clients
FNSCUS505A Determine client requirements and expectations
FNSCUS506A Record and implement client instructions
FNSINC501A Conduct product research to support recommendations
Superannuation
FNSSUP407A Assess complex superannuation benefit or insurance claim
FNSSUP502A Supervise insurer liaison
FNSSUP503A Develop client relationships with employers and establish superannuation systems
FNSSUP504A Provide advanced customer service to superannuation clients
FNSSUP505A Produce reports for superannuation
FNSSUP506A Supervise and monitor operational guidelines in a superannuation organisation
FNSSUP507A Review compliance with regulatory and contractual requirements
FNSSUP508A Provide effective information to members
FNSSUP509A Work within a defined benefit fund
Self managed superannuation
FNSSMS501A Invest self-managed superannuation funds assets
FNSSMS502A Manage changes to fund structure
FNSSMS503A Manage administration activities of a superannuation fund
FNSSMS504A Meet self-managed superannuation funds compliance requirements
FNSSMS505A Support trustee in the selection and performance monitoring of outsourced services
General
FNSFMK505A Comply with financial services legislation and industry codes of practice
FNSIAD501A Provide appropriate services, advice and products to clients
FNSCUS501A Develop and nurture relationships with clients, other professionals and third party referrers
FNSORG503A Develop a resource plan
FNSORG504A Monitor and supervise work practices to meet financial services regulatory requirements
FNSORG604A Establish outsourced services and monitor performance
FNSSUP501A Supervise complaints procedures
BSBITS401B Maintain business technology
BSBMGT403A Implement continuous improvement
BSBMGT605B Provide leadership across the organisation
BSBMKG501B Identify and evaluate marketing opportunities
BSBPMG404A Apply quality management techniques
BSBPMG510A Manage projects
BSBRES401A Analyse and present research information
BSBSUS501A Develop workplace policy and procedures for sustainability
TAADEL504B Lead and coordinate training services
1. Core Units
Two (2) units must be completed
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| D4168 | FNSINC401A | Apply principles of professional practice to work in the financial services industry | 20 | Unit of competency |
| D4169 | FNSINC402A | Develop and maintain in-depth knowledge of products and services used by an organisation or sector | 40 | Unit of competency |
2. Elective Units
At least eight (8) and up to ten (10) units to be chosen from the elective units listed.
Please refer to the packaging rules for the full details of available options.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| S723 | FNS50710 | Diploma of Superannuation | Qualification |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| AWD2 | FNS50715 | Diploma of Superannuation | Qualification |
No information
Entry Requirements
Not applicable.
Traineeships and Apprenticeships