Course overview
This course introduces students to regulatory and ethical requirements associated with providing advice within the financial planning industry and extends prior learnings on techniques and products associated with offering personal financial planning advice, and the ideas and best-practice methods associated with financial decision-making for individuals and households. Learners progress to the holistic examination of the set of financial decisions and constraints that personal financial planning clients face across stages in their personal wealth management life cycle—personal spending and saving, income taxation, insurance cover, credit and debt, investments, and superannuation and retirement planning. By focusing on the way the personal financial advice process evolves, providing appropriate financial software, tools, techniques, and insights, and introducing the legislative and professional requirements under which financial planners operate, it extends upon learners’ foundational understanding of and ability to provide financial advice in a highly regulated professional context.
- Personal Wealth Management And Financial Advice
- Investments And Investment Strategies
- Superannuation And Retirement Planning
Course learning outcomes
- Critically evaluate the professional and regulatory constraints under which financial advisers operate, and the implications this has for the cost and format of the provision of advice to clients
- Create strategies for personal insurance, investment, and leverage alternatives suited to the accumulation and protection of personal wealth and identify their potential taxation implications
- Research, apply and explain fundamental concepts related to risk and return and their relevance to personal investment planning, taxation, and financial planning decisions
- Explicate the roles of superannuation, social security, and estate planning in the retirement planning process