Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSSMS501 Mapping and Delivery Guide
Invest self-managed superannuation funds assets
Version 1.0
Issue Date: June 2024
Qualification | - |
Unit of Competency | FNSSMS501 - Invest self-managed superannuation funds assets |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to assist trustees (the client) with devising investment objectives and strategies, investing self-managed superannuation fund assets, selecting investment services, compliance and monitoring. Importantly, this unit does not involve financial dealing or specific financial product advising.It applies to individuals who use specialised knowledge and systematic approaches to prepare and analyse detailed information that supports investment and compliance activities.Work functions in the occupational areas where this unit 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. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the self-managed superannuation field of work and include access to: organisational financial records organisational policy and procedures common office equipment, technology, software and consumables. Assessors must satisfy NVR/AQTF assessor requirements. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Assist trustees to devise investment objectives |
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Element: Assist trustees to devise investment strategy |
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Element: Assist trustees in selection of investment services providers |
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Element: Assist trustees to monitor investment services provider activities |
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Element: Assist trustees to comply with ongoing management of fund |
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