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Online Session 2 Session 2

Unit Summary

Unit type

UG Coursework Unit

Credit points

12

AQF level

7

Level of learning

Advanced

Unit aim

Provides an overview of financial planning; investments; retirement; and cash-flow planning; taxation; legal structures; risk assessment; and insurance, focusing on critical aspects of the financial planner-client relationship.

Unit content

Topic 1: Role and Scope of Financial Planning
Topic 2: Contemporary Issues in the Financial Planning Industry
Topic 3: Legal & Ethical Framework
Topic 4: Examining the Financial Planning Process
Topic 5: Investment Fundamentals, Asset Classes and Financial Products
Topic 6: Taxation Fundamentals
Topic 7: Superannuation and Retirement Planning
Topic 8: Social Security Applications
Topic 9: Risk Management & Insurance
Topic 10: Estate Planning

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.

GA1: , GA2: , GA3: , GA4: , GA5: , GA6: , GA7:
On completion of this unit, students should be able to: GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 describe and critically appraise the role of a financial planner
2 describe the range of financial services provided by a financial planner
3 explain the importance of the financial planner-client relationship
4 develop appropriate financial planning strategies for a range of clients
5 evaluate the role of various types of investment products for inclusion in a client wealth building strategy
6 advise client's on their exposure to investment and financial risk
7 outline and explain the taxation and legal framework which financial planners operate within.

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

  1. describe and critically appraise the role of a financial planner
    • GA1:
    • GA4:
  2. describe the range of financial services provided by a financial planner
    • GA1:
    • GA4:
  3. explain the importance of the financial planner-client relationship
    • GA1:
    • GA3:
    • GA4:
  4. develop appropriate financial planning strategies for a range of clients
    • GA1:
    • GA3:
    • GA4:
    • GA6:
  5. evaluate the role of various types of investment products for inclusion in a client wealth building strategy
    • GA1:
    • GA3:
    • GA4:
  6. advise client's on their exposure to investment and financial risk
    • GA1:
    • GA3:
    • GA4:
    • GA6:
  7. outline and explain the taxation and legal framework which financial planners operate within.
    • GA1:
    • GA4:

Prescribed texts

  • McKeown, W, Kerry, M & Olynyk, M, 2014, Financial Planning, 2nd edn, John Wiley & Sons, Milton, QLD. ISBN: 9781118644836.
Prescribed texts may change in future teaching periods.