Superannuation and Retirement Planning
Duration
One Semester or equivalent
Contact hours
- 36
On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.
2023 teaching periods
| Swinburne Online Teaching Period 2 |
||
|---|---|---|
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Prerequisites
OR
Aims and objectives
This unit teaches students strategies to maximise assets for a comfortable retirement. A holistic picture of the retirement industry as underpinned by government policy will be provided. This will assist students to understand the increasing role of superannuation as the primary retirement investment vehicle and recognise various tax concessions. Students will apply superannuation knowledge to generate financial planning strategies using financial advice technologies.
Unit Learning Outcomes (ULO)
1. Critically evaluate retirement savings strategies that include capital adequacy and tax advantages of superannuation and government incentives
2. Critically analyse access to superannuation benefits, related taxation rules and retirement benefits to maximise retirement income.
3. Conduct research into pre and post-retirement savings regulatory environment and related products to meet client requirements
4. Apply coherent and advanced knowledge of superannuation and retirement to construct a Statement of Advice and recommend strategies and products that meet client’s objectives and constraints using financial advice technologies
5. Communicate proficiently and in a professional context and work effectively as a member of a team
Unit information in detail
- Teaching methods, assessment, general skills outcomes and content.
Teaching methods
Face to Face Mode:
Online Mode:
Student workload:
For all teaching and learning structures (both face to face and online), students are expected to spend an average of 150 hours per unit in total over the duration of the study period
This includes all:
• Scheduled teaching and learning events and activities (contact hours timetabled in a face-to-face teaching space) and scheduled online learning events (contact hours scheduled in an online teaching space), and
To be successful, students should:
• Read all prescribed materials and/or view videos in preparation for each class
• Attend and engage in all scheduled classes (face to face or online)
• Start assessment tasks well ahead of the due date, and submit assessments promptly
• Read / listen to all feedback carefully, and consider it for future assessment
Scheduled hours: Classes (12 x 3 hours) or blended delivery equivalent contact
Engaging with online content and discussions (12 x 2 hrs)
For all teaching and learning structures (both face to face and online), students are expected to spend an average of 150 hours per unit in total over the duration of the study period
This includes all:
• Scheduled teaching and learning events and activities (contact hours timetabled in a face-to-face teaching space) and scheduled online learning events (contact hours scheduled in an online teaching space), and
• Non-scheduled learning events and activities (including directed online learning activities, assessments, independent study, student group meetings, and research)
• Read all prescribed materials and/or view videos in preparation for each class
• Attend and engage in all scheduled classes (face to face or online)
• Start assessment tasks well ahead of the due date, and submit assessments promptly
• Read / listen to all feedback carefully, and consider it for future assessment
• Engage with fellow students and teaching staff (don’t hesitate to ask questions)
Assessment
1. Assignment 1 (Individual) 20-30%
2. Assignment 2 (Group) 20-30%
3. Final Examination (Individual) 40-60%
2. Assignment 2 (Group) 20-30%
3. Final Examination (Individual) 40-60%
General skills outcomes
• Teamwork skills
• Problem solving skills
• Analysis skills
• Communication skills
• Ability to work independently
• Problem solving skills
• Analysis skills
• Communication skills
• Ability to work independently
Content
• Government retirement savings policy and the role of superannuation
• The superannuation regulatory environment
• Contributions to superannuation
• Taxation of contributions and investment earnings
• Superannuation life benefits, access and taxation
• Superannuation death benefits
• Retirement savings outside of the superannuation system
• Retirement strategies and products
• The superannuation regulatory environment
• Contributions to superannuation
• Taxation of contributions and investment earnings
• Superannuation life benefits, access and taxation
• Superannuation death benefits
• Retirement savings outside of the superannuation system
• Retirement strategies and products
Study resources
- Reading materials.
Reading materials
Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.