Qualification Outline

Date retreived
22/07/2026 6:01 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 Personal Trusts

Diploma of Personal Trusts

Qualification
National Code:
FNS52022
State Code:
BHX2
TGA Status:
Current
DTWD Status:
Approved
National Endorsed, State Implementation and Classification
Field of Education
0811 - Banking, Finance And Related Fields
Original TGA Release Date
15/06/2022
Approved Date
07/12/2022
Stream of Study
Subsequent to Initial Vocational (4000)
VET Act Classifier
C
Nominal Hours
640
Duration
2 Semesters
Current Release Number
1.00
Current Release Date
15/06/2022
VET Act Conditions
—
Releases
Release Version Release Date TGA Status DTWD Status
1.00 15/06/2022 Current Approved
Description

This qualification reflects the role of individuals working in organisations offering personal trustee services. At this level individuals are expected to apply theoretical and specialised skills in a range of situations and to display initiative and judgement in completing activities. They have autonomy in performing complex technical work and can be responsible for planning, coordinating and evaluating the work of others within broad but generally well-defined parameters.
Licensing, legislative, regulatory or certification considerations
No licensing, legislative or certification requirements apply to this qualification at the time of publication.

Schedule
Packaging Rules
Total number of units = thirteen (13)
- five (5) core units plus
- eight (8) elective units, of which:
- at least four (4) must be from Group A Estate management below
- at least two (2) must be from Group B Organisational management below
- of the remaining elective units:
- up to two (2) may be from the elective units listed below
- up to two (2) may be from any currently endorsed Certificate IV or above training package qualification or accredited course.

Elective units must be relevant to the work environment and the qualification, maintain the overall integrity of the AQF alignment, not duplicate the outcome of another unit chosen for the qualification, and contribute to a valid industry-supported vocational outcome.
1. Core Units

All five (5) units must be completed.

State Code National Code Title Hours Type
OEB86 FNSPRT517 Apply principles of fiduciary duty, substituted decision making and ethical decision making 45 Unit of competency
OBR53 FNSINC411 Conduct work according to professional practices in the financial services industry 25 Unit of competency
OEB88 FNSPRT515 Develop and maintain knowledge of financial services and assets 55 Unit of competency
OEC90 FNSPRT514 Develop and maintain knowledge of the regulatory environment relevant to trustee organisations 45 Unit of competency
OEB87 FNSPRT516 Develop understanding of traditional trustee services 45 Unit of competency
2. Group A Elective Units

At least four (4) units must be completed from Group A. Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
OEB85 FNSPRT518 Administer charitable trusts 55 Unit of competency
OEB95 FNSPRT413 Administer complex estates 60 Unit of competency
OEB94 FNSPRT414 Administer complex trusts 60 Unit of competency
OEC86 FNSPRT416 Administer powers of attorney and financial administration orders 50 Unit of competency
OEB90 FNSPRT512 Advise clients in estate planning 60 Unit of competency
OEB91 FNSPRT511 Advise clients on trust structures 60 Unit of competency
OEB89 FNSPRT513 Assess, allocate and supervise work within the personal trustee sector 60 Unit of competency
OEB93 FNSPRT417 Investigate and substantiate entitlement in intestate estates 35 Unit of competency
BBH99 FNSACC413 Make decisions in a legal context 60 Unit of competency
OEC91 FNSPRT415 Prepare and establish powers of attorney 50 Unit of competency
OEC92 FNSPRT412 Prepare wills 60 Unit of competency
3. Group B Elective Units

At least two (2) units must be completed from Group B. Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
OEC13 FNSINC514 Apply ethical frameworks and principles to make and act upon decisions 35 Unit of competency
OCF91 BSBLDR812 Develop and cultivate collaborative partnerships and relationships 35 Unit of competency
AUX20 FNSFPL401 Extract and analyse information on specified financial strategies and products 50 Unit of competency
OED09 FNSINC513 Identify and apply complex ethical decision making to workplace situations 35 Unit of competency
AWF19 FNSPIM510 Implement informed decision-making 45 Unit of competency
OCF86 BSBAUD514 Interpret compliance requirements 20 Unit of competency
OCE90 BSBOPS504 Manage business risk 50 Unit of competency
OCE37 BSBOPS505 Manage organisational customer service 35 Unit of competency
OCF92 BSBLDR522 Manage people performance 65 Unit of competency
OCD50 BSBPEF501 Manage personal and professional development 55 Unit of competency
OCD89 BSBTWK502 Manage team effectiveness 55 Unit of competency
AUS45 FNSORG601 Negotiate to achieve goals and manage disputes 40 Unit of competency
OCI50 FNSCUS516 Record and implement client instructions 60 Unit of competency
Replaces
State Code National Code Title Type
AZJ5 FNS52015 Diploma of Personal Trusts Qualification
No information
Entry Requirements

Nil

Traineeships and Apprenticeships
No information