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Subject overview


100% online




1 Jul 2024


12 weeks



This subject focuses on the legislation and regulations that underpin the operation of a self managed superannuation fund (SMSF). It provides the specialist technical knowledge, critical thinking and problem solving skills necessary to provide competent and compliant advice to clients in the complex and dynamic SMSF sector. This subject covers the establishment, operation, and management of an SMSF as well as the contribution standards, taxation rules, pension and estate planning, and investment restrictions unique to an SMSF. Learning is applied in the assessments via a range of client case studies, developing and justifying an SMSF strategy as well as discussion and collaboration with other students.

Additionally, individuals are able to attend drop-in sessions throughout the study period, where they can ask their tutor questions to gain further clarification on key concepts and assessments.

Individuals must successfully pass this subject to be eligible to apply for the SMSF Specialist Advisor (SSA™) designation with the SMSF Association.

Find out more about how to combine the Master of Financial Planning with the SMSF Specialist Advisor (SSA™) designation here.

Master of Financial Planning >

Graduate Diploma of Financial Planning >

Graduate Certificate in Financial Planning >

Attaining the SSA™

Unlock the SMSF Association’s SMSF Specialist Advisor (SSA™) designation, branding and associated specialist member benefits when you successfully complete this course and are also a current SMSF Associate member.

Individuals enrolled in this subject can access up to 12 months of complimentary SMSF Associate membership (valued at $640). Claim your complimentary SMSF associate membership once you’ve enrolled in this subject*.

*Note: Terms and conditions apply. To be eligible, you must register for this offer within 12 months of enrolment in SMSF Regulations and Taxation, and not be a current financial member of the SMSF Association..

Subject information

Learning Outcomes

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

  • Research and critically evaluate the legal regulations that apply to SMSFs.
  • Research and critically evaluate the special taxation rules applicable to superannuation contributions, superannuation funds and superannuation benefits.
  • Develop an SMSF strategy to deal with regulatory and tax requirements in a complex SMSF scenario.
  • Justify an SMSF strategy to deal with regulatory and tax requirements in a complex SMSF scenario.


Topics covered

  1. SMSF regulatory framework
  2. Regulating SMSFs
  3. Contribution standards
  4. Investing in an SMSF
  5. Taxation and SMSFs
  6. Members interests and preservation standards
  7. Pension payment standards and paying a benefit
  8. Taxing superannuation payments
  9. SMSF controls — planning for life


Continuing professional development (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

Reading list

There is no prescribed text for this subject. Individuals are provided with key readings and access to Kaplan Professional’s online databases. Individuals are encouraged to research and read widely on the topic.

Reading list


Assessment TypeAssessedWeighting
TaskWeek 410%
Assignment 1Week 635%
QuizWeek 1020%
Assignment 2Week 1235%

Previous study requirements

Assumed knowledge

Kaplan Professional assumes individuals have completed FPC003 Superannuation and Retirement Advice and FPC008 Investment Advice, or understand the content covered in those subjects, prior to undertaking FPE020 SMSF Regulations and Taxation.

Course transition subject equivalence

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

Key dates

Study Period 1

11 Dec 2023 - 29 Mar 2024

❌ Enrolments now closed

Early access opens 11 December 2023

Early access to assessments 21 December 2023

Study period commences 8 January 2024

Enrolments close/census 24 January 2024

Study period ends 29 March 2024

Assessment dates See assessment information

Study Period 2

5 Feb 2024 - 24 May 2024

❌ Enrolments now closed

Early access opens 5 February 2024

Early access to assessments 19 February 2024

Study period commences 4 March 2024

Enrolments close/census 20 March 2024

Study period ends 24 May 2024

Assessment dates See assessment information

Study Period 3

1 Apr 2024 - 19 Jul 2024

❌ Enrolments now closed

Early access opens 1 April 2024

Early access to assessments 15 April 2024

Study period commences 29 April 2024

Enrolments close/census 15 May 2024

Study period ends 19 July 2024

Assessment dates See assessment information

Study Period 4

3 Jun 2024 - 20 Sep 2024

✓ Enrolments open now

Early access opens 3 June 2024

Early access to assessments 17 June 2024

Study period commences 1 July 2024

Enrolments close/census 17 July 2024

Study period ends 20 September 2024

Assessment dates See assessment information

Study Period 5

29 Jul 2024 - 15 Nov 2024

✓ Enrolments open now

Early access opens 29 July 2024

Early access to assessments 12 August 2024

Study period commences 26 August 2024

Enrolments close/census 11 September 2024

Study period ends 15 November 2024

Assessment dates See assessment information

Study Period 6

30 Sep 2024 - 17 Jan 2025

✓ Enrolments open now

Early access opens 30 September 2024

Early access to assessments 14 October 2024

Study period commences 28 October 2024

Enrolments close/census 13 November 2024

Study period ends 17 January 2025

Assessment dates See assessment information

Subject enhancements

We are pleased to announce that the following enhancements have been made to this subject:

  • replaced the exam with a second assignment and quiz, moving to four (4) assessments (task, assignment 1, quiz and assignment 2)
  • timing and positioning of the drop-in sessions revised to align with new assessment schedule
  • made recordings available for drop-in sessions to accommodate those who cannot attend live.

Programs you might be interested in


Master of Financial Planning

Our online, FAS-approved Master of Financial Planning is a purpose-built higher education qualification set at AQF level 9. It’s designed and developed in consultation with industry experts, and combines advanced technical rigour with practical and relevant performance-focused learning outcomes.

Master of Applied Finance

Leading online degree designed for ambitious and savvy individuals who are looking for advanced academic rigour, but thrive on practical and real-world learning immediately applicable in the workplace, and directly relevant to future career roles. It caters to experienced finance professionals and those transitioning into the field, integrating learning outcomes with pathways for further accreditation such as a CFA®.

Graduate Diploma of Financial Planning

An eight-subject postgraduate qualification set at AQF Level 8 and FAS approved. Includes the first eight subjects of the FAS-approved Master of Financial Planning.

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