Introductory Self-Managed Super Funds (SMSF) Course

Course overview

STUDY MODE

100% online

NUMBER OF SUBJECTS

1

NEXT INTAKE

Not accepting new enrolments

COURSE FEE

$290.00

AVAILABLE LOANS

N/A

AQF LEVEL

N/A

COURSE DURATION

Maximum of 16 weeks

ACCREDITATION

N/A

PROVIDER ID

N/A

Would you like to receive an introduction to Self-Managed Superfunds?

Are you a professional wanting to specialise in SMSFs who would like to gain a high-level understanding of the rules and conditions involved?

Do you have staff you want to educate on the basics of SMSFs?

Kaplan Professional’s Introduction to SMSF course is for individuals wanting to gain an overview of the superannuation industry, with focus on self-managed superannuation funds (SMSFs), the fastest growing segment of the superannuation industry. It provides individuals with an understanding of the contribution rules and conditions, and the investment restrictions that apply to SMSFs.

Individuals who successfully complete the Introduction to Self-Managed Superannuation Funds (SMSF) course will receive a certificate of completion.

Please refer to the subject outline for more information.

Subject information

Learning outcomes

On successful completion of this course, individuals should be able to:

Demonstrate an understanding of the Australian superannuation and retirement system
Explain the main contributions types, preservation and main types of conditions of release
Demonstrate an understanding of an SMSF, the regulation of superannuation funds, and what a complying superannuation fund is
List the advantages and disadvantages of an SMSF
Describe the role of a trustee and their responsibilities, including legal obligations, common law duties and reporting requirements
Determine the most appropriate trustee structures for a fund
Explain the importance of a trust deed and the deemed covenants
Identify the importance of a superannuation fund’s investment strategy
Explain the investment rules and restrictions that apply to SMSFs, including non-arm’s length investments, acquisitions from related parties, in-house assets, financial assistance to members, borrowing restrictions, and limited-recourse borrowing arrangements

Duration

Students have a total of 12 weeks to complete the learning and assessment requirements for Introduction to Self-Managed Super Funds, from their initial enrolment date.

An additional four (4) weeks’ resubmission time, which will be granted if all assessment tasks have been attempted and the student has been deemed ‘not yet competent’ in one or more tasks. This time can be used to re-sit an exam. There is no fee for this extension.

Therefore, if a student completes the learning and assessment, and the resubmission time is granted, the duration will be 16 weeks.

For a guide on the number of study hours for Professional Year formal training, click here.

Completion

A certificate of completion will be awarded on successful completion of each subject.

Topics covered

This course comprises of one subject with four topics:

Superannuation overview
SMSF overview
Trustees and trust deeds
Investment restrictions

On successful completion of this course, individuals should be able to:

Demonstrate an understanding of the Australian superannuation and retirement system
Explain the main contributions types, preservation and main types of conditions of release
Demonstrate an understanding of an SMSF, the regulation of superannuation funds, and what a complying superannuation fund is
List the advantages and disadvantages of an SMSF
Describe the role of a trustee and their responsibilities, including legal obligations, common law duties and reporting requirements
Determine the most appropriate trustee structures for a fund
Explain the importance of a trust deed and the deemed covenants
Identify the importance of a superannuation fund’s investment strategy
Explain the investment rules and restrictions that apply to SMSFs, including non-arm’s length investments, acquisitions from related parties, in-house assets, financial assistance to members, borrowing restrictions, and limited-recourse borrowing arrangements

Students have a total of 12 weeks to complete the learning and assessment requirements for Introduction to Self-Managed Super Funds, from their initial enrolment date.

An additional four (4) weeks’ resubmission time, which will be granted if all assessment tasks have been attempted and the student has been deemed ‘not yet competent’ in one or more tasks. This time can be used to re-sit an exam. There is no fee for this extension.

Therefore, if a student completes the learning and assessment, and the resubmission time is granted, the duration will be 16 weeks.

For a guide on the number of study hours for Professional Year formal training, click here.

Completion

A certificate of completion will be awarded on successful completion of each subject.

This course comprises of one subject with four topics:

Superannuation overview
SMSF overview
Trustees and trust deeds
Investment restrictions

Assessment

Introduction to SMSF is a one-subject course.

Assessment for this subject is as follows:

One (1) exam

Kaplan Professional’s exams

Kaplan’s exams are open-book and multiple-choice exams where emphasis is placed on the application of knowledge.

You must sit your first exam within 12 weeks of your enrolment date.

To achieve an overall grade of ‘competent’ in the exam, you must achieve the nominated pass mark for each module in the exam. If you are deemed ‘not yet competent’ for a module, you are provided with a re-sit and are only required to attempt that module in the re-sit. If a re-sit is required, it much be within 16 weeks of your enrolment date.

You can sit your exam while being supervised in your workplace or at another suitable venue. To find out more, please click here.

Enrolment Information

1 Delivery

This course is delivered online via Kaplan Professional’s learning management system, KapLearn.

You will receive login details to KapLearn on enrolment. When you log on to KapLearn, you’re able to access the subject notes, assessments, and 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.

2 Units of competency

There are no units of competency in this course.

3 Subject entry requirements

There are no entry requirements for this course.

Individuals are required to be aged 18 years or older to enrol in this course.

4 Recognition of prior learning (RPL)

There is no RPL available for this course as there are no units of competency awarded.

5 Pathways

Study pathways

This course provides an introduction to SMSFs, however, if you want to provide advice in SMSFs, it is recommended you complete Kaplan Professional’s FPE020 SMSF Regulations and Taxation subject.

Career pathways

Individuals who meet all the course requirements will gain an understanding of the key elements relating to SMSFs, the fastest growing segment of the superannuation industry.

Policies

Student policies

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.