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Subject overview

This course is no longer accepting new student applications. Single subject enrolments will be open until Study Period 6 2022. Contact us for further details.

This subject focuses on the concepts and theories of SMSF operations. Individuals study and evaluate complex financial retirement scenarios to identify best practice methods for guiding SMSF Trustees through the various stages of an SMSF.

Individuals are given the opportunity to write a critical review and evaluation of an Australian Securities and Investments Commission report. The quizzes and final exam provide individuals an opportunity to apply their learnings via multiple choice questions, and case-study based short answer questions.

For more information, please refer to the subject outline.

Subject information

Learning Outcomes

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

  • Explain how the different SMSF-related occupations can contribute to the optimal operation of an SMSF.
  • Integrate regulatory and legislative requirements into SMSF advice functions.
  • Research, assess and apply best practice methodologies to the operation of an SMSF.


Topics covered

  1. Self managed superannuation fund history
  2. Barriers to entry, suitability and setting up a fund
  3. Managing investments
  4. Contributions
  5. SMSF reporting
  6. Benefit payments
  7. Taxation
  8. Winding up a fund
  9. SMSF trustee guidance


Continuing professional development (CPD)

Please contact Kaplan Professional’s CPD Support team on 1300 527 526 or

Reading list

Negline, T, (2019), The Essential SMSF Guide 2019-2020, Thomson Reuters: Australia

Reading list


Assessment TypeAssessedWeighting
Topic QuizzesWeek 4, 5, 7, 8, 910%
AssignmentWeek 635%
ExaminationWeek 1255%

Previous study requirements


The duration of this subject is one study period (12 weeks).


There are no prerequisites for this subject. However, individuals should review the ‘Assumed Knowledge’ tab to understand the prior knowledge Kaplan advises they should hold before enrolling in this subject.

Assumed knowledge

Not applicable.

Course transition subject equivalence

Individuals may not be required to complete this subject if they have transitioned from a SIA/Finsia/Kaplan course and have completed the following subjects:

  • there are no equivalences for this subject.

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