FPC003 Superannuation and Retirement Advice

The subject addresses the different aspects of superannuation including contributions, benefits and income streams, as well as how superannuation is treated in death, divorce and bankruptcy. Retirement savings accounts, retail funds, industry funds, self managed superannuation funds, aged care and equity release schemes are also covered.

The subject covers the formulation of a statement of advice (SOA), concentrating on how to structure the various required elements and providing recommendations.

For more information, please refer to the subject outline.

  • Learning outcomes
    • On successful completion of this subject students should be able to:

      1. Analyse superannuation structures and strategies for various client situations.
      2. Explain the taxation implications of superannuation strategies for contribution, withdrawal and insurance at the fund level.
      3. Analyse superannuation retirement income stream strategies according to their benefits, tax implications and social security treatment as they relate to different client situations.
      4. Formulate strategies to maximise superannuation benefits and clients’ entitlements to social security benefits and aged care.
      5. Discuss the advantages and disadvantages of equity release schemes as a source of retirement income.
      6. Design superannuation strategies in respect of divorce, bankruptcy and death benefits.
      7. Develop a compliant statement of advice (SOA).
  • Subject content
    • Topic Title
      Topic 1 Introduction to retirement planning and superannuation
      Topic 2 Contributions
      Topic 3 Tax
      Topic 4 Superannuation benefits
      Topic 5 Income streams
      Topic 6 Social security and aged care
      Topic 7 Self-managed superannuation funds
      Topic 8 Statement of advice — structure and recommendations
      Topic 9 Death benefits
      Topic 10 Divorce and bankruptcy
      Topic 11 Superannuation strategies and equity release schemes
      Topic 12 Ongoing service

  • CPD
    • Kaplan Professional has assessed this subject. Click here for the following CPD hours applicable from 1 January 2019 on successful completion of this course. For subjects or courses completed prior to this date, please contact Kaplan Professional’s CPD Support team on 1300 527 526 or pdmail@kaplan.edu.au.

  • Assessment
  • Prerequisites
  • Equivalent and Incompatible subjects
    • Equivalent subject(s):

      • FIN213 Superannuation and Retirement Planning
  • Reading list
    • There are no prescribed texts for this subject.

      Details of any required and further readings for this subject are provided in the subject room.  Purchase of any text other than a prescribed text is not required.