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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
$310.00
AVAILABLE LOANS
N/A
AQF LEVEL
COURSE DURATION
Maximum of 16 weeks
ACCREDITATION
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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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.
Access our refund policy.
Tier 1 Compliance Solution – Generic Knowledge:
Enrol directly into the program for $310 (GST free).
Fees are subject to change.
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:
We prioritise our students' mental and physical health, creating a supportive environment for learning success.
Our dedicated support teams are here to support you throughout your studies.
Our engaging and interactive learning resources support flexible and self-paced learning experiences for our students.
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Kaplan Professional is offering education update presentations for advice firms – available online or in person – designed to help advisers navigate the evolving professional landscape.
The financial advice profession is rarely a straight path. Increasing regulation, rising client expectations, technological change and higher professional standards mean advisers must continually adapt to remain relevant and competitive.
This presentation maps the full career lifecycle of an adviser – from entry into the profession through to specialisation, leadership and long-term sustainability. At each stage, we explore the capabilities required, the common challenges advisers face, and the role education plays not just as a compliance requirement, but as a strategic enabler of professional growth.
• Education pathways from entry to senior leadership
• How capability requirements evolve across career stages
• The shift from minimum standards to advanced technical and strategic expertise
• The role of ongoing education in building resilience, sound judgement and sustainable careers
Designed for adviser teams and leadership groups, this presentation provides practical insights into how structured learning supports long-term performance, professionalism and business sustainability.
To book an education update session for your advisers please contact your Corporate Relationship Manager to arrange a suitable time.
Date: Wednesday, 11 March
Time: 1:00pm – 3:00pm AEDT
Fee: $280
Where: Online (Zoom)
Host: Matthew Farley
A certificate of attendance outlining CPD hours will be awarded at the conclusion of this workshop. A full list of topics is available on our website.
Date: Thursday, 19 March
Time: 1:00pm – 3:30pm AEDT
Fee: $340
Host: Dr Jenny Diggle
Kaplan Professional has expanded the Financial Adviser Accelerator Suite with a new set of practical topics designed to further strengthen capability across both technical and client engagement areas.
As client expectations continue to rise and advice scenarios become more complex, early career advisers must combine sound technical knowledge with strong communication skills and thoughtful decision-making. The latest additions to the suite support this ongoing professional development.
Practical frameworks to enhance credibility, strengthen adviser presence and build more meaningful, long-term client relationships.
Structured approaches to assessing appropriate cover, modelling client scenarios and supporting well-reasoned, client-centred risk advice.
Applying probability-based thinking to improve strategic judgement and support more confident decision-making in uncertain environments.
These additions build on the Financial Adviser Accelerator Suite focus on applied, real-world learning, equipping advisers with skills that can be immediately implemented in practice.
The ongoing expansion of the Financial Adviser Accelerator Suite reflects Kaplan Professional’s commitment to supporting advisers as they continue to develop deeper expertise and deliver high-quality, client-focused advice.
For advisers who have now met the education standard, the focus shifts from compliance to opportunity.
Kaplan Professional offers clear pathways to build on the bridging courses and subjects already completed and convert that study into a full, recognised qualification. Advisers who have completed individual units toward the education standard may be eligible to articulate into the Graduate Certificate in Financial Planning or Graduate Diploma of Financial Planning, formalising their academic achievement and strengthening their professional standing.
From there, eligible Graduate Diploma alumni can upgrade to the Master of Financial Planning, completing the remaining subjects to attain a postgraduate qualification that positions them above the minimum regulatory requirement. The Master’s program also provides direct pathways toward leading professional designations, including CFP® and SSA®, enabling advisers to align academic progression with industry-recognised credentials.
Advisers who have completed the Graduate Diploma of Financial Planning are already eligible to obtain leading professional designations through the College for Financial Planning®. This includes globally-recognised credentials such as the Accredited Behavioural Finance ProfessionalSM (ABFP®) and Chartered Retirement Planning CounsellorSM (CRPC®) designation.
No further study is required to meet the education component for these certifications, allowing advisers to leverage their existing qualification to secure respected professional recognition and further strengthen their standing in the industry.
Beyond core qualifications, Kaplan Professional also offers access to additional specialist electives and professional designation pathways, allowing advisers to differentiate in areas such as superannuation, retirement, ethics and client strategy.
In short, completing the education standard doesn’t have to be the end point. With Kaplan Professional, it can be the foundation for higher qualifications, respected designations and long-term career progression.
Contact your Corporate Relationship Manager to discuss the education options and pathways for your adviser network. Alternatively, contact 1300 135 798 (option 2) or email courseadvice@kaplan.edu.au.
Kaplan Professional will host a special Women in Finance webinar on Tuesday, 3 March, celebrating the achievements, leadership and career journeys of women shaping the financial services industry.
The session will explore leadership, career progression and the role education has played in supporting professional success across diverse areas of the sector.
Graduate Diploma of Financial Planning dux, two-time Olympian and Financial Adviser at HLB Mann Judd.
Graduate Diploma graduate, business owner and founder of a caregiving training institute in Bangladesh, with more than 20 years’ industry experience.
Master of Applied Finance graduate and Director at BDO Sydney, specialising in governance, risk and assurance across financial services.
Date: Tuesday, 3 March
Time: 1:30pm AEDT
Location: Online (Zoom)
The webinar will include practical leadership insights, reflections on career growth, discussion on the impact of education in finance, and an interactive Q&A session.
Now
9 March
25 March
29 May
Kaplan Professional is offering eligible Graduate Diploma of Financial Planning alumni a limited-time opportunity to upgrade to the Master of Financial Planning at a fixed alumni price of $5,000.
This exclusive offer enables alumni to complete their remaining four subjects – two core subjects (FPC009 Complex Financial Planning and KAP001 Capstone Project) and two electives – at a substantially reduced cost compared to standard postgraduate tuition fees.
To access the offer, eligible alumni must enrol and commence their first subject by the Study Period 2 census date, 25 March 2026.
Upgrading to the Master’s degree provides advisers with the opportunity to deepen technical expertise, broaden strategic capability and position themselves strongly as professional standards across the industry continue to rise. The program also supports progression toward additional professional designations.
Full details, including subject structure, study plans and application steps, are available below.