FPC003 Superannuation and Retirement Advice

Building on the fundamentals of financial planning undertaken in Applied Financial Planning (FPC002) or equivalent, this subject provides a comprehensive overview of issues relating to superannuation and retirement planning.

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.
Relevant legal and regulatory requirements are detailed, along with examples and strategies that financial advisers can use to benefit their clients.

For more information, please refer to the subject outline.

  • Learning outcomes
    • At the 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

  • Face-to-face lectures and workshops
    • Prefer to attend face-to-face classes?

      Take advantage of the benefits of blended learning by attending weekly face-to-face lectures or a series of three intensive workshops, commencing Study Period 2 2018*.


      Weekly lectures

      A series of nine lectures will be conducted over the study period for subjects FPC001 Economic, Legal and Ethical Context for Financial Planning and FPC003 Superannuation and Retirement Advice. Face-to-face lectures will be progressively rolled out for further subjects throughout 2018. Each two-hour lecture will focus on specific topics, giving you the flexibility to pick and choose which lectures to attend. Weekly lectures will be held at a central Sydney CBD location and will also be live streamed online via webinar if you are located in another city or unable to attend in person. Recorded versions of each webinar will also be made available.


      Intensive workshops

      A series of three intensive workshops will be offered throughout the study period for subject FPC001 Economic, Legal and Ethical Context for Financial Planning and FPC003 Superannuation and Retirement Advice. Intensive workshops will be progressively rolled out for further subjects throughout 2018. Each full-day workshop will be offered from central Sydney, Melbourne and Brisbane CBD locations and will cover multiple topics.


      Lectures and workshops are hosted by a leading industry practitioner and will complement online study materials by focusing on key concepts using practical examples. Not only will this provide you with practical application of theory and knowledge, you’ll also have the opportunity to interact with other individuals in your cohort to discuss current and topical affairs.


      Expect to benefit from:

      • A practical understating of each topic  
      • Clarification on any challenges you may be having with a particular topic  
      • Asking questions about upcoming exams and assignments

      You can register for lectures or intensive workshops at no additional charge, once successfully enrolled in subjects FPC001 Economic, Legal and Ethical Context for Financial Planning or FPC003 Superannuation and Retirement Advice.


      * Face-to-face lectures and workshops are offered for subjects FPC001 and FPC003 only. Weekly face-to-face lectures are offered in Sydney CBD only. Lectures and workshops are offered for Study Period 2 2018 and are subject to change for the remainder of 2018. Attendance is not compulsory.

  • Assessment
  • Prerequisites
  • Course transition subject equivalence
    • Students who transition from a SIA/Finsia/Kaplan course and have completed the following subject within the course completion time frame may not also complete this subject:

      • FIN213 Superannuation and Retirement Planning or
      • E152 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.