Unit of competency Outline

Date retreived
22/07/2026 1:30 PM AWST

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Implement superannuation fund member investment instructions

Implement superannuation fund member investment instructions

Unit of competency
National Code
FNSSUP315
State Code
OCI10
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
04/11/2020
View on TGA
State Implementation and Classification
Approved Date
11/03/2021
Field of Education
081105 - Investment And Securities
Original Release Date
11/03/2021
Nominal Hours
30
Description
This unit describes the skills and knowledge required to implement and confirm investment instructions from fund members. It involves determining and documenting member investment instructions, implementing those instructions, and confirming investment arrangements with the member and the fund.The unit applies to those who, within their level of authority, apply specialised organisational knowledge and follow defined procedures to process and update information.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Determine and record member investment instructions
  • 1.1 Receive and record member investment instructions according to organisational procedures
  • 1.2 Clarify investment instructions with member where required
  • 1.3 Confirm member investment instructions are in accordance with the trust deed
2. Implement member instructions
  • 2.1 Implement instructions according to organisational policies and procedures
  • 2.2 Maintain investment documentation according to organisational policies and procedures
3. Finalise investment arrangements
  • 3.1 Confirm completed investment arrangements with member
  • 3.2 Prepare reports on investments according to member instructions and legislative requirements
  • 3.3 Communicate change of member instructions according to organisational procedures
No information
No information
Replaces
State Code National Code Title Type
AUT26 FNSSUP305 Implement member investment instructions Unit of competency
State Code National Code Title Type
BFE7 FNS30120 Certificate III in Financial Services Qualification
BHT6 FNS30122 Certificate III in Financial Services Qualification