RG146

Assessment

This course is comprised of seven (7) units of competency from the FNS Financial Services Training Package:

FNSINC401

Apply principles of professional practice to work in the financial services industry

FNSINC402

Develop and maintain in-depth knowledge of products and services used by an organisation or sector

FNSASICU503

Provide advice in Superannuation

FNSIAD501

Provide appropriate services, advice and products to clients

FNSCUS505

Determine client requirements and expectations

FNSCUS506

Record and implement client instructions

FNSINC501

Conduct product research to support recommendations


Pre-requisite units

FNSASICU503 Provide advice in Superannuation has four (4) pre-requisite units.

The pre-requisite units are as follows:

  • FNSINC501 Conduct product research to support recommendations
  • FNSIAD501 Provide appropriate services, advice and products to clients
  • FNSCUS505 Determine client requirements and expectations
  • FNSCUS506 Record and implement client instructions

The assessment tasks for the pre-requisite units listed below must be completed before a student attempts the assessment tasks for FNSASICU503 Provide advice in superannuation.

Assessment tasks

The assessment tasks are designed to test your understanding of the seven (7) units of competency and ensure that you can apply this knowledge in a practical way.

The assessment tasks may fall into the following categories:

  • Short answer written assessments – you will be required to complete a series of short answer questions
  • Verbal assessments – you will be required to answer a series of questions verbally while recording your responses
  • Role play assessments – you will be required to interact with a volunteer* (of your choosing) while the audio or video is being recorded

Students must be deemed competent in all assessment tasks in order to be awarded their qualification. Students who complete the course will receive a certificate and statement of attainment.

All students have six (6) months to complete the assessments. If you have not completed the assessments within the six-month period you will be required to re-enrol in the course and incur the full enrolment fee again.

*You must seek permission from your volunteer and ensure they are aware of the purpose and use of the recording - to evaluate your competency for the assessment task.

Submitting your assessments

Written assessments

Written assessment tasks must be submitted in the Microsoft Word template provided with a completed and signed Assessment Task cover sheet, which will be supplied with the assessment document. The cover sheet asks you to make a declaration that the work is your own. Assessment tasks will not be accepted without a signed cover sheet.

Assessments can be emailed to training@aist.asn.au, submitted directly to the trainer or sent by registered mail to: AIST, Level 23, 150 Lonsdale Street, Melbourne VIC 3000.

You must keep a copy of all tasks that you submit. We are not able to return copies because we must keep them as evidence in your file. Additionally, we will not be held responsible for any items that go missing in the post. If this occurs, you will be asked to re-submit your work.


Verbal and/or Role play assessments

You will need to submit the audio or video files of your verbal and/or role play assessment tasks along with a completed and signed Assessment Task cover sheet, which will be provided with the assessment document. The cover sheet asks you to make a declaration that the work is your own. Assessment tasks will not be accepted without a signed cover sheet.

You will need access to one of the following devices with audio and video recording functionality (most devices come with a free built-in audio/voice-recording app):

  • Smart phone
  • Laptop
  • Desktop Computer
  • Tablet

You will also need to have access to the internet in order to upload your audio or video recordings. A weblink and instructions on how to upload the recording will be provided with the assessment document.

We recommend you do a short test of your audio or video recording prior to commencing the recording of the assessment task.

Information on the functionality of your device should be available on the device manufacturer’s website. Below are some helpful links:

If you are experiencing any difficulty with the audio or video recording, please contact AIST for support on 03 8677 3800 or training@aist.asn.au


Reassessment

All students have the opportunity for reassessment if they receive a result of Not Yet Competent (NYC). AIST will allow up to two (2) resubmissions of an assessment task. A fee of $125 will apply if a student has to resubmit an assessment task a third time.

Results

Assessment results will be provided to you within four (4) weeks of AIST receiving your completed assessment tasks. Your assessor will provide you with written feedback and confirm the outcome of your assessment via email.

Your certificate and statement of attainment will be sent to you approximately three (3) weeks after your results have been provided.

2017_Student_Information_Pack_small_web_tile2Student Informattion form