Qualification Outline

Date retreived
22/07/2026 10:45 AM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Certificate IV in Financial Services (Financial Practice Support)

Certificate IV in Financial Services (Financial Practice Support)

Qualification
National Code:
FNS40704
State Code:
C702
TGA Status:
Replaced
DTWD Status:
Replaced
National Endorsed, State Implementation and Classification
Field of Education
0811 - Banking, Finance And Related Fields
Original TGA Release Date
10/07/2004
Approved Date
11/12/2007
Stream of Study
Initial Vocational (3100 - 3600)
VET Act Classifier
B
Nominal Hours
510
Duration
1 Semester
Current Release Number
1.00
Current Release Date
10/07/2004
VET Act Conditions
—
Releases
Release Version Release Date TGA Status DTWD Status
1.00 10/07/2004 Current Approved
Description
Schedule
Packaging Rules
To attain a Certificate IV in Financial Services (Financial Practice Support) thirteen (13) units must be achieved.

4 Industry Core units, plus
4 Sectoral Core units, plus
5 Elective units (at least)
The 5 electives may be selected as follows:
- all 5 elective units may be selected from the list of units suitable at Certificate IV level.
- of the 5 elective units, up to 1 unit may be selected from the list of units suitable at Diploma level and up to 1 unit may be selected from the list of units suitable at Certificate III level.
- of the 5 elective units, up to 3 units may be selected from other endorsed Training Packages in accordance with other packaging guidelines for this qualification.
- the choice of electives should be appropriate to the level and integrity of the qualification and to the workplace outcomes it is designed to meet.
- if ASIC Tier 2 compliance is sought, the two ASIC aligned units FNSASIC301B Establish client relationship and analyse needs, and FNSASIC302B Develop, present and negotiate client solutions, must be selected.
- if Authorised Representative status is required at Tier 1, the ASIC aligned unit FNSASIC503ZB Provide advice in Financial Planning, must be demonstrated. Please note that FNSASIC503ZB is a Diploma level unit which has 5 Diploma level pre-requisite units. Only one of these 6 Diploma level units will count towards the awarding of a Certificate IV.
- the unit listed below is suggested as a suitable elective
- see Levels Chart for full list of units available in the FNS04 Financial Services Training Package.
SUGGESTED ELECTIVE UNIT:
FNSICPRO502B Conduct product research to support recommendations
1.

INDUSTRY CORE UNITS: Complete the 4 Industry core units below.

State Code National Code Title Hours Type
C9746 FNSICGEN304B Apply health and safety practices in the workplace 5 Unit of competency
C9758 FNSICIND401B Apply principles of professional practice to work in the financial services industry 20 Unit of competency
C9743 FNSICGEN301B Communicate in the workplace 35 Unit of competency
C9744 FNSICGEN302B Use technology in the workplace 60 Unit of competency
2.

SECTORAL CORE UNITS: Complete the 4 Sectoral units below .

State Code National Code Title Hours Type
C9694 FNSFPLN501B Comply with financial planning practice ethical and operational guidelines and regulations 50 Unit of competency
C9691 FNSFPLN401B Extract and analyse information on specified financial strategies and products to set guidelines 50 Unit of competency
C9693 FNSFPLN403B Implement financial plan to predetermined guidelines 40 Unit of competency
C9692 FNSFPLN402B Prepare financial plans to set strategies and guidelines 50 Unit of competency
3.

Elective units: Select at least 5 elective units. Below is an example only.

Please refer to the packaging rules above for further detailed information regarding electives.

State Code National Code Title Hours Type
C9633 FNSBANK402B Align banking products with the needs of small business customers 60 Unit of competency
C9732 FNSICCUS403B Coordinate, evaluate and improve customer service 40 Unit of competency
C9681 FNSFLIT505B Facilitate customer or employee understanding of superannuation as an investment tool 60 Unit of competency
C9793 FNSICPRO402B Match financial products to customer needs 30 Unit of competency
C7038 BSBFLM412A Promote team effectiveness 40 Unit of competency
Replaces
State Code National Code Title Type
C529 FNB40702 Certificate IV in Financial Services (Financial Planning Support) Qualification
Replaced By
State Code National Code Title Type
S706 FNS40710 Certificate IV in Financial Practice Support Qualification
VET Info Notes
This training program is a representation of the qualification code FNS40704 taken from the Financial Services Training Package FNS04 which should be consulted for full description of requirements. FNS04 is endorsed until 31/10/2007.

1. This qualification is the copyright of The Department of Education, Science and Training.

2. Further information on this qualification is contained in the training Package available from Australian Training Products Ltd., Tel: (03) 9630 9836.

3. This qualification was entered on to STARS by Central CSSN on 04/12/2007.
Entry Requirements
No information
Traineeships and Apprenticeships
(TR10930) FINANCIAL PRACTICE SUPPORT (LEVEL 4) Traineeship