One Semester or equivalent
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