Qualification Outline

Date retreived
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 Superannuation

Diploma of Superannuation

Qualification
National Code:
FNS50715
State Code:
AWD2
TGA Status:
Replaced
DTWD Status:
Transition (Replaced)
National Endorsed, State Implementation and Classification
Field of Education
0811 - Banking, Finance And Related Fields
Original TGA Release Date
25/03/2015
Approved Date
16/09/2015
Stream of Study
Initial Vocational (3100 - 3600)
VET Act Classifier
C
Nominal Hours
740
Duration
2 Semesters
Current Release Number
3.00
Current Release Date
13/02/2018
VET Act Conditions
Releases
Release Version Release Date TGA Status DTWD Status
3.00 13/02/2018 Current Approved
2.00 22/04/2015 Replaced Approved
1.00 25/03/2015 Replaced Approved
Description

This qualification is designed to reflect a range of the job roles with team and business result responsibilities in superannuation industry environments. Individuals in these roles have autonomy in performing technical operations, apply solutions to a range of often complex problems, and research, analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others.

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.

Schedule
Packaging Rules
Total number of units = twelve (12)
- two (2) core units plus
- ten (10) elective units

The elective units consist of:
- eight (8) from the electives below

Of the remaining two (2) units:
- up to two (2) may be from the electives
- up to two (2) may be from a Certificate IV, Diploma or Advanced Diploma in any currently 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

The following two (2) 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
AUR86 FNSINC402 Develop and maintain in-depth knowledge of products and services used by an organisation or sector 40 Unit of competency
2. Elective Units

At least eight (8) units must bechosen from the elective units listed.
Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
AUL69 BSBRES401 Analyse and present research information 40 Unit of competency
BBH69 FNSINC504 Apply ethical frameworks and principles to make and act upon decisions 35 Unit of competency
AUH75 BSBPMG411 Apply project quality management techniques 30 Unit of competency
AUT31 FNSSUP407 Assess complex superannuation benefit or insurance claims 50 Unit of competency
AUR11 FNSFMK505 Comply with financial services regulation and industry codes of practice 40 Unit of competency
AUR89 FNSINC501 Conduct product research to support recommendations 80 Unit of competency
AUQ87 FNSCUS505 Determine client requirements and expectations 60 Unit of competency
AUS31 FNSORG503 Develop a resource plan 50 Unit of competency
AUT29 FNSSUP503 Develop client relationships with employers and establish superannuation systems 60 Unit of competency
AUI86 BSBSUS501 Develop workplace policy and procedures for sustainability 50 Unit of competency
AUP50 FNSORG604 Establish outsourced services and monitor performance 40 Unit of competency
AUI00 BSBMKG501 Identify and evaluate marketing opportunities 50 Unit of competency
BBH97 FNSINC503 Identify situations requiring complex ethical decision making 35 Unit of competency
AUK47 BSBMGT403 Implement continuous improvement 50 Unit of competency
AUT09 FNSSMS501 Invest self-managed superannuation funds assets 60 Unit of competency
AUM04 BSBITS401 Maintain business technology 30 Unit of competency
AUT17 FNSSMS503 Manage administration activities of a superannuation fund 70 Unit of competency
AUT18 FNSSMS502 Manage changes to fund structure 50 Unit of competency
AUM47 BSBCUS501 Manage quality customer service 50 Unit of competency
AUT20 FNSSMS504 Meet self-managed superannuation fund compliance requirements 50 Unit of competency
AUS32 FNSORG504 Monitor and supervise work practices to meet financial services regulatory requirements 60 Unit of competency
AUT32 FNSSUP505 Produce reports for superannuation 80 Unit of competency
AUT36 FNSSUP504 Provide advanced customer service to superannuation clients 50 Unit of competency
AUQ47 FNSASICU503 Provide advice in superannuation 50 Unit of competency
AUR30 FNSIAD501 Provide appropriate services, advice and products to clients 120 Unit of competency
AUT41 FNSSUP508 Provide effective information to members 60 Unit of competency
AUG94 BSBMGT605 Provide leadership across the organisation 60 Unit of competency
AUQ89 FNSCUS506 Record and implement client instructions 60 Unit of competency
AUT37 FNSSUP507 Review compliance with regulatory and contractual requirements 80 Unit of competency
AUT33 FNSSUP506 Supervise and monitor operational guidelines in a superannuation organisation 50 Unit of competency
AUP54 FNSSUP501 Supervise complaints procedures 50 Unit of competency
AUT51 FNSSUP510 Supervise insurance tender process 45 Unit of competency
AUP55 FNSSUP502 Supervise insurer liaison 45 Unit of competency
AUT07 FNSSMS505 Support trustee in the selection and performance monitoring of outsourced services 50 Unit of competency
AUI91 BSBPMG522 Undertake project work 45 Unit of competency
AUT35 FNSSUP509 Work within a defined benefit fund 50 Unit of competency
Replaces
State Code National Code Title Type
D720 FNS50711 Diploma of Superannuation Qualification
Replaced By
State Code National Code Title Type
BFX5 FNS50720 Diploma of Superannuation Qualification
No information
Entry Requirements

Nil.

Traineeships and Apprenticeships
No information