Financial Plans & Risk Management (9986.1)

Availability

Unit Outlines

To view your Unit Outline, click View to log in to MyUC and access this information, or visit your unit's online teaching site.

• Semester 2, 2018, ON-CAMPUS, BRUCE (179571) - View
• Semester 2, 2017, ON-CAMPUS, BRUCE (167360) - View
• Semester 2, 2016, ON-CAMPUS, BRUCE (150844) - View
• Semester 2, 2015, ON-CAMPUS, BRUCE (149563) - View

If a link to your Unit Outline is not displayed, please check back later. Unit Outlines are generally published by Week One of the relevant teaching period.

Syllabus

The unit aims to provide students with the knowledge and skills to prepare a best practice Statement of Advice, as well as implement and review recommendations made to clients. Students will have an understanding of the ethical, legal and professional requirements of providing comprehensive financial advice and be able to demonstrate effective client communication skills, conduct client and product research, and develop strategies for clients with unique needs. The unit provides a thorough understanding of risk management strategies including life and general insurance. This unit is designed to meet the Australian Securities and Investments Commission requirements for knowledge, skills and integrity at an appropriate educational level relative to the types of activities graduates undertake.

Learning Outcomes

On successful completion this unit, students will be able to:

1. Identify specific legal requirements governing the provision of financial advice in Australia and appropriately apply them in the preparation of Statements of Advice;

2. Outline financial planning processes and construct effective financial plans for clients;

3. Demonstrate developing effective communication and professional skills and knowledge to managing client-advisor relationship;

4. Analyse client's situation to identify client's goals and products;

5. Construct effective and efficient investment portfolios to meet client's goals;

6. Set up and evaluate relevant financial strategies, including life, health and general insurance and risk management strategies, and products; and

7. Synthesise relevant information to prepare and present a best practice Statements of Advice.

Assessment Items

Contact Hours

Thirty nine hours per semester.

Prerequisites

Superannuation, Retirement and Estate Planning, 9988, or Strategic Financial Planning, 6564.

Corequisites

None.

Assumed Knowledge

NONE

Incompatible Units

Advanced Financial Planning, 6561.

Equivalent Units

Advanced Financial Planning, 6561.