Qualification Outline
22/07/2026 7:54 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.
Diploma of Financial Planning
Diploma of Financial Planning
FNS50610
S722
Replaced
Replaced
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 1.00 | 24/11/2010 | Current | Approved |
Description
This qualification is for financial planners who provide a range of standard financial planning services and individuals providing specialist para-planning services. This is a licensed occupation and core units in this qualification meet Australian Securities and Investments Commission (ASIC) requirements for Tier 1 status. Specific product units for licensing are included in the electives.
Schedule
Packaging Rules
15 units must be achieved:10 core units plus;
5 elective units
- the required elective units of competency can be selected from the elective bank or from units aligned to other Diploma qualifications in the FNS10 Financial Services Training Package
- a maximum of 2 electives may be selected from units aligned to Certificate IV qualifications in the FNS10 Financial Services Training Package
- a maximum of 2 of the required elective units of competency may be selected from units aligned to Advanced Diploma qualifications in the FNS10 Financial Services Training Package
- One (1) elective may be selected from Certificate IV, Diploma or Advanced Diploma qualifications in another endorsed Training Package or accredited course.
Elective units must be relevant to the work outcome, local industry requirements and the qualification level.
Units selected from other Training Packages or accredited courses must not duplicate units selected from or available within the FNS10 Financial Services or BSB07 Business Services Training Packages.
1. Core Units
10 Core units to be completed.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| D4168 | FNSINC401A | Apply principles of professional practice to work in the financial services industry | 20 | Unit of competency |
| D4139 | FNSFPL501A | Comply with financial planning practice ethical and operational guidelines and regulations | 50 | Unit of competency |
| D4140 | FNSFPL502A | Conduct financial planning analysis and research | 50 | Unit of competency |
| D0890 | BSBOHS303B | Contribute to OHS hazard identification and risk assessment | 30 | Unit of competency |
| D4144 | FNSFPL506A | Determine client requirements and expectations | 60 | Unit of competency |
| D4141 | FNSFPL503A | Develop and prepare financial plan | 60 | Unit of competency |
| D0793 | BSBITU402A | Develop and use complex spreadsheets | 60 | Unit of competency |
| D4142 | FNSFPL504A | Implement financial plan | 50 | Unit of competency |
| D4025 | FNSASICZ503A | Provide advice in Financial Planning | 50 | Unit of competency |
| D4143 | FNSFPL505A | Review financial plans and provide ongoing service | 40 | Unit of competency |
2. Elective Units
Five elective units to be completed.
The following outlines ONE example of a training program for this qualification.
Please refer to the Training Package for the full details of available options.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| D4170 | FNSINC501A | Conduct product research to support recommendations | 80 | Unit of competency |
| D4095 | FNSCUS501A | Develop and nurture relationships with clients, other professionals and third party referrers | 80 | Unit of competency |
| D1023 | BSBSUS501A | Develop workplace policy and procedures for sustainability | 50 | Unit of competency |
| D1016 | BSBSMB405A | Monitor and manage small business operations | 50 | Unit of competency |
| D4145 | FNSFPL507A | Provide financial planning advice | 50 | Unit of competency |
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| C711 | FNS50804 | Diploma of Financial Services (Financial Planning) | Qualification |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| D719 | FNS50611 | Diploma of Financial Planning | Qualification |
VET Info Notes
1. This qualification is the copyright of Department of Employment, Education and Workplace Relations.
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 Training Curriculum Services on 30/5/2011.
Entry Requirements
Not applicable.
Traineeships and Apprenticeships
