UO Superannuation

Undergraduate | 2026

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area/catalogue icon
Area/Catalogue
BAFI 3012
Course ID icon
Course ID
202981
Level of study
Level of study
Undergraduate
Unit value icon
Unit value
6
Course level icon
Course level
3
Study abroad and student exchange icon
Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
Yes
University-wide elective icon
University-wide elective course
Yes
Single course enrollment
Single course enrolment
Yes
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Note:
Course data is interim and subject to change

Course overview

The aim of this course is to develop understanding of superannuation as a saving and wealth creation vehicle; the financial planning principles and advice involved in superannuation investment strategy; and tax implications associated with superannuation and retirement planning. Superannuation environment: brief history; social implications of retirement; funding requirement for retirement; regulatory environment; complying funds; nature and limits of investments; fund types and characteristics. Self-managed superannuation funds (SMSF): role; establishment; operation; requirements. Superannuation contributions and tax: contribution types; tax implications of contributions and investments; Superannuation Guarantee (SG); contribution rules. Fund preservation and release preserved and non- preserved benefits, restricted and non-restricted benefits, types of condition of release. Superannuation benefits: tax free and taxable components of benefits; lump sum, account-based pension, income streams; tax implication of benefits payments; commutation; social security benefits and superannuation retirement planning; death benefits: superannuation and tax laws applicable for death benefits; proportioning rule; identification of beneficiaries; nomination of beneficiaries.

Course learning outcomes

  • Summarise the functions of the superannuation industry and its legislative requirements, and analyse their implications for industry participants and the conduct of their business.
  • Appraise the role of superannuation as a savings and investment vehicle for the funding of retirement benefits.
  • Analyse the stages of superannuation, contribution, accumulation, and receipt of benefits, and the tax considerations and strategies associated with each stage.
  • Evaluate the preservation of superannuation benefits and draw conclusions on the conditions relevant to their release.
  • Investigate the relationships between superannuation and estate planning, and assess and apply these links to the development of financial plans over the client's financial life-cycle.
  • Demonstrate Business Enterprise Skills in the context of the Financial Planning discipline: i) Problem Solving (intermediate level); and ii) Written Communication (intermediate level).

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

N/A