Qualification Outline
22/07/2026 5:22 AM AWST
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Certificate IV in Financial Practice Support
Certificate IV in Financial Practice Support
FNS40715
AWC4
Deleted
Deleted
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 3.00 | 14/01/2016 | Current | Approved |
| 2.00 | 22/04/2015 | Replaced | Approved |
| 1.00 | 25/03/2015 | Replaced | Approved |
Description
This qualification is for individuals performing a support role to qualified financial planners and para-planners. Individuals in these roles apply specialist knowledge and skills to work autonomously and exercise judgement in completing routine and non-routine support activities relating to a pre-set range of financial products and services.
Licensing/Regulatory Information
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements. The core units meet Tier 2 status Australian Securities and Investments Commission (ASIC) accreditation requirements for providing limited financial products advice.
Schedule
Packaging Rules
Total number of units = eleven (11)- seven (7) core units plus
- four (4) elective units
The elective units consist of:
- up to four (4) from the electives below
- up to four (4) from a Certificate IV qualification in the Financial Services Training Package
- one (1) may be selected from a Certificate III qualification in any endorsed training package or accredited course
- one (1) may be selected from a Diploma qualification in any endorsed training package or accredited course.
The elective units chosen must be relevant to the work outcome and meet local industry needs.
1. Core Units
All seven (7) units must be completed.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| AUR82 | FNSINC401 | Apply principles of professional practice to work in the financial services industry | 20 | Unit of competency |
| AUR22 | FNSFPL501 | Comply with financial planning practice ethical and operational guidelines and regulations | 50 | Unit of competency |
| AUQ31 | FNSASIC302 | Develop, present and negotiate client solutions | 40 | Unit of competency |
| AUQ38 | FNSASIC301 | Establish client relationship and analyse needs | 40 | Unit of competency |
| AUX20 | FNSFPL401 | Extract and analyse information on specified financial strategies and products | 50 | Unit of competency |
| AUR18 | FNSFPL403 | Implement financial plans to predetermined guidelines | 40 | Unit of competency |
| AUR21 | FNSFPL402 | Prepare financial plans to set strategies and guidelines | 50 | Unit of competency |
2. Elective Units
Up to four (4) units may be chosen from the elective units listed.
Please refer to the packaging rules for the full details of available options.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| S706 | FNS40710 | Certificate IV in Financial Practice Support | Qualification |
No information
Entry Requirements
Nil.
Traineeships and Apprenticeships