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Gold Coast
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Unit Summary

Unit type

UG Coursework Unit

Credit points

12

Unit aim

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

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:
1 describe and critically appraise the role (including advisory functions/processes/scopes) of a financial adviser
2 outline and explain the regulatory framework which financial advisers operate within and their legal, social, and ethical responsibilities
3 demonstrate the importance of the best interests duty, financial adviser-client relationship and effective communication in delivering advice
4 construct and present a limited scope Statement of Advice (SOA).

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

  1. describe and critically appraise the role (including advisory functions/processes/scopes) of a financial adviser
  2. outline and explain the regulatory framework which financial advisers operate within and their legal, social, and ethical responsibilities
  3. demonstrate the importance of the best interests duty, financial adviser-client relationship and effective communication in delivering advice
  4. construct and present a limited scope Statement of Advice (SOA).

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 texts may change in future teaching periods.