Qualification Outline
22/07/2026 6:25 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.
Advanced Diploma of Financial Planning
Advanced Diploma of Financial Planning
FNS60410
S737
Replaced
Replaced
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 4.00 | 18/07/2013 | Current | Approved |
Description
This qualification is for financial planners who provide a comprehensive range of financial planning services across a variety of product environments, including those involving complex issues and/or innovative strategies. The work is subject to Australian Securities and Investments Commission (ASIC) regulation and licensing.
Schedule
Packaging Rules
11 units must be achieved:8 core units
plus 3 elective units
the required elective units of competency may be selected from the elective bank or units aligned to Advanced Diploma qualifications in the FNS10 Financial Services or 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.
Core units of competency:
FNSFPL508A Conduct complex financial planning research
FNSFPL601A Provide technical and professional guidance
FNSFPL602A Determine client requirements and expectations for clients with complex needs
FNSFPL603A Provide comprehensive monitoring and ongoing service
FNSFPL604A Develop complex and innovative financial planning strategies
FNSFPL605A Present and negotiate complex and innovative financial plans
FNSFPL606A Implement complex and innovative financial plan
FNSPRM601A Establish, supervise and monitor practice systems to conform with legislation and regulations
Elective units of competency:
BSBINM601A Manage knowledge and information
BSBINN502A Build and sustain an innovative work environment
BSBMGT605B Provide leadership across the organisation
BSBMGT617A Develop and implement a business plan
BSBSMB405B Monitor and manage small business operations
BSBSUS501A Develop workplace policy and procedures for sustainability
FNSASICQ503A Provide advice in First Home Saver Market Linked Accounts
FNSASICR503A Provide advice in Margin Lending
FNSASICS503A Provide advice in Foreign Exchange
FNSASICT503A Provide advice in Managed Investments
FNSASICU503A Provide advice in Superannuation
FNSASICV503A Provide advice in Derivatives
FNSASICW503A Provide advice in Securities
FNSASICX503A Provide advice in Life Insurance
FNSASICY503A Provide advice in Insurance Broking
FNSCUS505A Determine client requirements and expectations
FNSCUS506A Record and implement client instructions
FNSFMK502A Analyse financial market products for client
FNSFMK503A Advise clients on financial risk
FNSIAD501A Provide appropriate services, advice and products to clients
FNSIBK403A Implement an agreed insurance program for a broking client
FNSIBK506A Monitor broking clients
FNSIBK507A Review broking client service performance
FNSIBK508A Implement changes to broking client’s insurance program
FNSINC501A Conduct product research to support recommendations
FNSPRM602A Improve the practice
FNSPRM603A Grow the practice
1. Core Units
All eight (8) units must be completed.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| D4146 | FNSFPL508A | Conduct complex financial planning research | 50 | Unit of competency |
| D4148 | FNSFPL602A | Determine client requirements and expectations for clients with complex needs | 50 | Unit of competency |
| D4150 | FNSFPL604A | Develop complex and innovative financial planning strategies | 50 | Unit of competency |
| D4304 | FNSPRM601A | Establish, supervise and monitor practice systems to conform with legislation and regulations | 60 | Unit of competency |
| D4152 | FNSFPL606A | Implement complex and innovative financial plans | 50 | Unit of competency |
| D4151 | FNSFPL605A | Present and negotiate complex and innovative financial plans | 40 | Unit of competency |
| D4149 | FNSFPL603A | Provide comprehensive monitoring and ongoing service | 40 | Unit of competency |
| D4147 | FNSFPL601A | Provide technical and professional guidance | 40 | Unit of competency |
2. Elective Units
Three (3) elective 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 |
|---|---|---|---|
| C720 | FNS60404 | Advanced Diploma of Financial Services (Financial Planning) | Qualification |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| AWD6 | FNS60415 | Advanced Diploma of Financial Planning | Qualification |
No information
Entry Requirements
The entry requirement for this qualification is completion of the Financial Services units from the core of the Diploma in Financial Planning in the Financial Services Training Package FNS10.
or
Completion of the sectoral core units and the regulatory unit FNSASIC503ZB Provide advice in Financial Planning from the Diploma in Financial Planning in the Financial Services Training Package FNS04.
The entry requirement can be met by evidence of equivalent competency to the above units through recognition of prior learning (RPL).
Traineeships and Apprenticeships