Unit of competency Outline

Date retreived
22/07/2026 9:55 PM AWST

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Integrate investment strategy with fund operations

Integrate investment strategy with fund operations

Unit of competency
National Code
FNSSUP603
State Code
AUT42
TGA Status
Deleted
DTWD Status
Deleted
Current Release Number
1.00
Current Release Date
25/03/2015
View on TGA
State Implementation and Classification
Approved Date
16/09/2015
Field of Education
081105 - Investment And Securities
Original Release Date
16/09/2015
Nominal Hours
80
Description
This unit describes the skills and knowledge required to obtain specialist advice, manage investment compliance requirements, implement investment strategies and monitor, report and evaluate investment strategies, integrating the fund’s investment strategies into fund administration operations.It applies to individuals who use specialised industry knowledge and manage and report on operations involving complex strategic investment activity.Work functions in the occupational areas where this unit 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.
Notes
Elements and Performance Criteria
1. Obtain specialist investment advice
  • 1.1 Source and retain specialist investment expertise required by organisation
  • 1.2 Receive performance benchmarks from trustee
  • 1.3 Provide specialists with information required to determine strategic options for investment
  • 1.4 Establish investment procedure
  • 1.5 Facilitate development of investment strategy
2. Manage investment compliance requirements
  • 2.1 Identify legislation, regulations and compliance issues relating to investment
  • 2.2 Assess investment strategy for compliance
  • 2.3 Incorporate compliance issues and procedures into investment strategy
  • 2.4 Establish performance outcomes
  • 2.5 Undertake monitoring of compliance on ongoing basis
3. Implement investment strategy
  • 3.1 Liaise with custodian and trustees to determine procedure to implement investment strategy
  • 3.2 Manage transfer of funds to investment manager
  • 3.3 Liaise with banks, custodians and trustees to facilitate strategy
  • 3.4 Implement direct fund investments
4. Monitor and report on investment strategy
  • 4.1 Prepare regular investment reports for trustee and investment managers, as required
  • 4.2 Manage documentation of investment transactions
  • 4.3 Monitor investment performance and report as required
  • 4.4 Monitor compliance of investment strategy against relevant legislation, regulations and prudential standards
5. Evaluate investment strategy
  • 5.1 Review and assess investment performance
  • 5.2 Evaluate performance against trustee set benchmarks
  • 5.3 Compare performance with industry indices and market conditions
  • 5.4 Provide performance evaluation to trustee
No information
No information
Replaces
State Code National Code Title Type
D4354 FNSSUP603A Integrate investment strategy with fund operations Unit of competency
State Code National Code Title Type
AWA9 FNS60515 Advanced Diploma of Superannuation Qualification