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Home > Courses > Tier 1 Compliance Solution – Generic Knowledge
Tier 1 Generic Knowledge provides the generic knowledge component for all Tier 1 training and assessment requirements for individuals who provide general financial advice to retail clients.
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STUDY MODE
100% online
NUMBER OF SUBJECTS
1
NEXT INTAKE
Enrol and start anytime
COURSE FEE
$280.00
AVAILABLE LOANS
N/A
AQF LEVEL
COURSE DURATION
Maximum of 16 weeks
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PROVIDER ID
Are you looking to become compliant in a specialist knowledge area?
Kaplan Professional, a leading national provider of financial services education, offers the Tier 1 Generic Knowledge program for individuals seeking to provide general advice on financial products and services in one or more specialist knowledge areas.
Tier 1 Generic Knowledge (or Tier 1 Compliance Solution – Generic Knowledge GAS-Super) subject introduces the Australian financial services sector, exploring the components and functioning of the Australian economy and its key participants. It discusses key aspects of the legislative, regulatory and licensing framework governing financial services, the products, and providing financial advice.
Students will gain insights into the working of the Australian economy and key concepts, including the flow of funds in the economy, business cycles and relevant indicators used to evaluate economic performance.
This subject also provides an overview of investment products plus an introduction to superannuation, banking, insurance and credit.
This subject meets the generic knowledge component under ASIC’s Regulatory Guide 146 Licensing: Training of financial product advisers for general advice.
Note: To provide general advice in a Tier 1 knowledge area, individuals must have completed this subject.
The Generic Knowledge subject only needs to be completed once.
This is a non-accredited course with no units of competency.
Please refer to the subject outline for more information:
Generic Knowledge is the prerequisite for all Tier 1 courses.
General Advice Specialisation – Superannuation Course
This subject is also a subject in the General Advice Specialisation – Superannuation (GAS-Super) course. This course is designed for individuals seeking to work, or who are already working in the superannuation industry in customer-facing roles, especially general advice. For more information on this course, click here.
Individuals have a total of 12 weeks to complete the learning and assessment requirements from their initial enrolment date.
An additional four weeks (4) per subject is available if required to re-sit an exam.
For a guide on the number of study hours for Professional Year formal training, please click here.
The assessments for each subject are listed below:
You can sit your exam while being supervised in your workplace or online via Zoom by your nominated supervisor. Click here for more information.
This course requires you to read comprehensive learner workbooks, complete a range of written assessments, undertake independent research activities, and at times, engage in online forums and discussions. Furthermore, the delivery mode relies on the extensive use of written communication.
If you have any doubts about whether you have the language, literacy and numeracy skills to undertake a Kaplan Professional program, we recommend you speak with our Student Services team on 1300 662 203 or email mail@kaplan.edu.au.
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To successfully complete this course, learners will require basic computing skills. This may include:
You may enrol into this course at any time and begin studying immediately on enrolment.*
To enrol online, please follow these steps:
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* If you have not previously completed Generic Knowledge, please ensure you enrol in this subject as it is a prerequisite of the Tier 1 knowledge areas.
Study this subject as part of the General Advice Specialisation – Superannuation course
When you have accessed the student portal (see enrolment above), search for and enrol in the subject titled “Tier 1 Generic Knowledge – GAS-Super”
You may be exempt from studying this subject as part of the General Advice Specialisation – Superannuation course if you have previously completed any of the following:
If you completed Tier 1 Generic Knowledge at Kaplan Professional, your exemptions towards the General Advice Specialisation – Superannuation course will be applied upon enrolment into Client Engagement in Financial Services.
If you completed Tier 1 Generic Knowledge through an alternative RTO, or equivalent studies were completed through a Diploma or higher qualification, your exemptions towards the General Advice Specialisation – Superannuation course will be applied upon submission of certified supporting evidence and a completed application form available here.
Note: Studies completed between 5 – 10 years prior may require the completion of a challenge exam in addition to supporting evidence. Studies completed outside of 10 years will be assessed on a case-by-case basis.
IMPORTANT: Please do not enrol in Tier 1 Generic Knowledge – GAS-Super if you intend to seek an exemption for this subject as part of the General Advice Specialisation – Superannuation course. Please await the outcome of your exemption application before proceeding. However, you may enrol and commence studies in other subjects in the General Advice Specialisation – Superannuation course for which you are not seeking exemption/s.
This course is delivered online via Kaplan Profesional’s learning management system, KapLearn.
You will receive login details to KapLearn on enrolment. When you log on to KapLearn, you are able to access the subject notes, assessments, additional learning materials (such as media, case studies and practise activities) and your online tutor.
Assessments are accessed and submitted through KapLearn.
Corporate clients should contact our Corporate Solutions team at corporate@kaplan.edu.au to discuss delivery options and how we can further tailor our training to meet your business needs.
Individuals who enrol in a Kaplan Professional course are bound by our published policies, including the policy that sets out our rules for assessment. Individuals can review these policies here. The policies also assist individuals when their study program does not go as planned and they need extra support.
Click here to access our terms and conditions.
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Tier 1 Compliance Solution – Generic Knowledge: $280 (GST free)
For additional study-related fees, please click here.
Industry Fund Services (IFS) exclusive pricing within GAS-Super course
From 12 August 2024, we are pleased to announce that the following enhancements will be made to this subject:
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