Unit of competency Outline

Date retreived
22/07/2026 8:45 PM 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.

Conduct product research to support recommendations

Conduct product research to support recommendations

Unit of competency
National Code
FNSINC501
State Code
AUR89
TGA Status
Replaced
DTWD Status
Replaced
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
081103 - Insurance And Actuarial Studies
Original Release Date
16/09/2015
Nominal Hours
80
Description
This unit describes the skills and knowledge required to carry out research by interpreting available information, and analysing and reviewing research findings and activities to enable the determination of financial investment strategies and options.It applies to individuals who work in a range of financial services job roles involving research functions.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Interpret available information and conduct research
  • 1.1 Establish timelines to meet research deadlines
  • 1.2 Identify relevant sources of information accurately and consistently, and source and retrieve required information readily and promptly
  • 1.3 Constantly review sources of research information and documentation to ensure currency and accuracy
  • 1.4 Prepare research findings that logically flow from interpretation of information available in detailed, clear and accurate format, and in timely manner
2. Analyse and review research findings and activities
  • 2.1 Carry out research activities and outcomes in accordance with organisational policy and guidelines, confidentiality requirements, and relevant legislation or industry codes of practice
  • 2.2 Analyse and review research findings and activities to ensure accuracy and thoroughness
  • 2.3 Review statutory disclosures to maintain consistency and compliance
  • 2.4 Seek feedback regularly to monitor effectiveness and appropriateness of research activities
3. Document research and distribute to relevant parties
  • 3.1 Check research to ensure compliance with organisational policy and guidelines, and with relevant legislation or industry codes of practice, and ensure it is authorised before release
  • 3.2 Distribute research to all relevant parties as required in timely manner
  • 3.3 Obtain confirmation of receipt of research information where relevant to complete organisational records of compliance
No information
No information
Replaces
State Code National Code Title Type
D4170 FNSINC501A Conduct product research to support recommendations Unit of competency
Replaced By
State Code National Code Title Type
OCI55 FNSINC511 Conduct financial product research to support product recommendations Unit of competency