Advanced Diploma of Paraplanning - FNS60920
RMIT University
Type of institution: University/Higher Education Institution
Level: Pre-degree
CRICOS: 00122A
This qualification reflects the role of paraplanners who provide a comprehensive range of financial planning services across a variety of product environments, including those involving complex issues and/or requiring innovative strategies. Individuals in these roles require well-developed skills and a broad knowledge base of the financial planning sector and required regulatory frameworks. At this level individuals are expected to apply specialist skills and knowledge in a range of situations to deal with complex situations and issues. They work across a broad range of technical or management functions with accountability for personal outputs and for team outcomes.Licensing, legislative, regulatory or certification considerationsWork functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Relevant regulatory authorities should be consulted to confirm those requirements before applying the qualification.
Subjects
- Prepare advice in margin lending
- Develop and monitor processes for the management of breaches in compliance requirements
- Monitor clients' financial requirements
- Develop financial plans
- Comply with ethical and operational guidelines, legislation and regulations in financial planning
- Monitor financial plans and provide ongoing service
- Prepare advice in insurance broking
- Conduct financial product research to support product recommendations
- Place client insurances with insurer and confirm insurance cover with clients
- Determine client financial requirements and expectations
- Manage administration activities of self-managed superannuation funds
- Develop and maintain professional relationships in financial services industry
- Monitor and review organisational system compliance with legislation and regulations
- Comply with financial services regulation and industry codes of practice
- Manage organisational customer service
- Analyse clients' financial risk
- Provide knowledge of retirement planning issues when dealing with superannuation clients
- Prepare advice in life insurance
- Prepare advice in derivatives
- Establish innovative work environments
- Implement financial plans
- Determine client requirements and expectations in financial planning
- Assess risks
- Develop workplace policies and procedures for sustainability
- Conduct work according to professional practices in the financial services industry
- Identify situations requiring complex ethical decision making
- Apply ethical frameworks and principles to make and act upon decisions
- Interpret compliance requirements
- Implement changes to insurance programs of broking clients
- Present and negotiate financial plans
- Provide technical and professional financial planning guidance
- Evaluate and review compliance
- Determine impact of social security entitlements on retirement income
- Establish and manage compliance management systems
- Prepare advice in securities
- Manage changes to memberships in self-managed superannuation funds
- Meet self-managed superannuation fund compliance requirements
- Apply financial product knowledge in the context of the deal transaction cycle
- Identify and develop broking options for clients with complex needs
- Invest self-managed superannuation fund assets
- Develop and implement business plans
- Deliver insurance broking services
- Conduct financial planning analysis and research
- Record and implement client instructions
- Determine and manage risk exposure strategies
- Prepare submissions for new insurance broking business
- Review insurance broking service performance
- Support trustees in selecting and monitoring performance of outsourced services
- Coordinate workplace information systems
- Prepare advice in managed investments
- Prepare advice in superannuation
- Monitor insurance broking client programs
- Prepare advice in foreign exchange
- Develop and provide knowledge of aged care to superannuation clients
Study information
| Campus | Fees | Entry | Mid year intake | Attendance |
|---|---|---|---|---|
| Melbourne City | No |
|
