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Unit of Study FINC2005 - Principles of Financial Planning (2022)

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Unit Snapshot

  • Enrolment information

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Unit description

Introduces students to key financial planning concepts and issues. Students will develop professional skills by engaging in teacher-directed activities and experiences relevant to responsible financial planning and the construction and presentation of a limited scope SOA.

Unit content

Module 1: Financial Planning Introduction, Functions and Processes

Module 2: Financial Planning Frameworks

Module 3: The Regulatory and Legal Framework

Module 4: Ethics and Professional Conduct

Module 5: The Statement of Advice and Financial Plan Development

Module 6: Financial Plan Implementation and Review

Availabilities

Location Domestic International
Gold Coast
Term1
Term1
Online
Term1
Term1

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:

describe and critically appraise the role (including advisory functions/processes/scopes) of a financial adviser

outline and explain the regulatory framework which financial advisers operate within and their legal, social, and ethical responsibilities

demonstrate the importance of the best interests duty, financial adviser-client relationship and effective communication in delivering advice

construct and present a limited scope Statement of Advice (SOA).

Prescribed learning resources

Prescribed Texts
  • McKeown, W, Olynyk, M, Ciancio, L and La, D, 2020, Financial Planning Essentials, 3rd edn, John Wiley & Sons, Milton, QLD. ISBN: 9780730385738.

Prescribed Learning Resources may change in future Teaching Periods.