FPE016 Self Managed Superannuation Funds

This subject is designed to provide students with detailed knowledge of the regulation, establishment, operation and management of an SMSF. It specifically covers issues related to taxation and estate planning, the steps involved in setting up a pension from an SMSF and the different strategies available for specific client situations.

From SP6 2016, individuals who successfully complete the subjects FPC003 Superannuation and Retirement Advice and FPE016 Self Managed Superannuation Funds, will meet ASIC RG 146 minimum standards to provide personal advice on superannuation and the specific product training relating to providing advice on self-managed superannuation funds.

For more information, please refer to the subject outline.

  • Learning outcomes
    • At the completion of this subject students should be able to:

      1. Explain the role of a financial planner throughout the lifecycle of an SMSF
      2. Explain the distinguishing characteristics of an SMSF
      3. Formulate investment strategies which demonstrate knowledge of various investment standards that are unique to the operation of an SMSF
      4. Break down the reasons for providing pensions via an SMSF and the operation of superannuation interests as they apply to SMSFs
      5. Incorporate fund administration, estate planning and taxation implications and advice into discussions with SMSF clients
      6. Assess the suitability for clients, of strategies which are used to greater advantage in an SMSF
  • Subject content
    • Topic Title
      Topic 1 Introduction to SMSFs
      Topic 2 SMSF establishment
      Topic 3 Contributions
      Topic 4 Other taxation issues
      Topic 5 Investing and borrowing for SMSFs
      Topic 6 Insurance in superannuation
      Topic 7 Accessing superannuation
      Topic 8 Estate planning
      Topic 9 Fund administration

  • 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
  • Pre-requisites
  • Reading list
    • Prescribed text

      • Sanderson J. 2017, SMSF Guide 8th edition: Current issues and strategies for the self-managed superannuation funds adviser, The Tax Institute, ISBN 9780994565730

      Retailers of educational books include Co-op Bookshop and Boffins Bookshop. Texts can also be borrowed from the Kaplan library or other libraries. Details of required and further reading are provided in the subject room.  Purchase of any text other than a prescribed text is not required.