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26 (incl. assessments) CPD  Classroom  In-house
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Investment for the superannuation industry

This course is a diploma-level course that meets nationally recognised units of competency.

The course will provide learners with a broad understanding of how superannuation is invested. The course is suitable for people at all levels of the industry, covering both basic and advanced investment concepts. It may be completed as a standalone subject or combined with AIST's superannuation industry specific RG146 and Insurance for the superannuation industry to attain a FNS50715 Diploma of Superannuation.

To take advantage of our early bird pricing, please ensure you book your place at least six weeks before the course begins. If you are booking six weeks or less before the beginning of the course, regular rates will apply.

This course is also available self-paced, and to in-house groups with a minimum of 8 people.

Self-paced  In-house


Who should register?

This course is suitable for individuals working in the investment industry or in an investment related role within a superannuation fund.

Learning outcomes

  • Explain the characteristics of different asset classes
  • Outline the key features of managed investment products
  • Describe the roles of service providers and market participants
  • Discuss the requirements for establishing and monitoring outsourced arrangements
  • Identify relevant regulations and codes of practice

Topics will include

By the end of this module you will:

  • Be familiar with the basic investment concepts
  • Understand the concept and measurment of risk as it applies to investments
  • Be aware of the role of asset allocation and diversification
  • Be able to match classes to an investor's risk profile

By the end of this module you will:

  • Be able to describe the major asset classes
  • Be familiar with the features of alternative investments
  • Understand the features of derivatives and hedging
  • Understand the principle behind short selling

By the end of this module you will:

  • Understand the concept of supply and demand
  • Be aware of the impact of exchange rates and inflation
  • Be able to describe the methods used by the Government to affect the economy
  • Understand the basic elements of portfolio theory

By the end of this module you will:

  • Be able to describe features of a managed investment
  • be able to describe examples of managed funds
  • Understand the difference between listed trusts and investment companies
  • Be aware of the features of specialised investment vehicles
  • Understand the insurance bonds
  • Be familiar with the differences between platforms, wraps, IMAs and SMAs

By the end of this module you will be able to:

  • List the major service providers and describe their roles
  • Explain the concept of currency hedging
  • Outline requirements under the Superannuation Safety Amendments Act 2004

By the end of this module you will:

  • Be able to perform key financial calculations
  • Understand the difference between present and future values
  • Be able to list various rates of return
  • Understand the key methods of valuation of assets
  • Understand the ways investment returns are allocated

By the end of this module you will:

  • Be able to describe ESG
  • Be aware of issues in selecting and monitoring managers
  • Understand the types of managers and their styles
  • Understand benchmarking
  • Understand how to analyse managed investment products

By the end of this module you will:

  • Provide an overview of the trustees' operating environment; including how the trust deed, the SIS Act and the Coprotations Act affect investment decisions
  • Explain how the APRA prudential standards regulate the way trustees manage investments
  • Describe the key elements involved in the investment process
  • Describe how investment objectives are developed
  • Explain how investment strategy is formulated
  • Describe how investment strategy may be implemented
  • Distinguish between trustees' obligations to monitor investments and conduct trategic reviews

By the end of thi smodule you will be able to:

  • Assess the service performance of entities providing material business activities to the trustee
  • Negotiate changes to an existing arrangement with and outsourced service provider
  • Document and communicate service provider performance
  • Engange or disengage outsourced services

By the end of this module you will:

  • Describe the principles of contract law
  • Outline the requirements of a fiduciary relationship
  • List relevant financial services legislation
  • Identify the features of industry and professional codes
  • Discuss the timeframes for maintaining statutory records

Course duration

Students have up to six (6) months to successfully complete the course assessments. The six-month time frame commences from the first day of a facilitated course, or from the date of receipt of the course material for a student completing the course on a self-paced basis.

Students may need to spend up to 20 hours each week to complete their own reading, module review activities and the course assessment tasks. Students who are new to the financial services industry, or who have limited industry experience may need to spend additional time each week completing the course activities or conducting further research on topics that are not familiar to them.

 

Course locations

AIST courses are delivered nationally in Australian capital cities. Students will be notified of the training venue one week prior to the scheduled course date.


Additional Information

Delivery modes

AIST offers courses by either face-to-face facilitation or self-paced learning. Each method is outlined below:

Classroom learning

Classroom learning involves participation in a two-day facilitated course in a structured classroom setting which provides the opportunity to work closely with the training consultant. Facilitated courses give students the ability to work together through course content in an encouraging learning environment.

Key benefits include:

  • Facilitated courses are often preferable as they give students the opportunity to focus completely on course content for the two-day duration
  • The classroom structure allows students to study in an environment that promotes learning, understanding and discussion of course material
  • Facilitated courses allow students to discuss course content in a way that assists in the learning process

Self-paced learning

For students who cannot attend a facilitated course, or prefer a more flexible study method, self-paced learning provides the opportunity for students to take responsibility for the pace and structure of training. This style of study offers students the opportunity and flexibility to study without limitations such as time or location.

Key benefits include:

  • Ability to manage study according to your own timetable, without interruption to your work schedule
  • Flexibility to start and complete the course according to your needs
  • Ability to set your own pace and structure
  • Access to training consultants for assistance and guidance

Credit transfer (CT)

A Credit Transfer (CT) is formal recognition of the previous studies you have completed for the purpose of reducing the unit/s that you are required to complete in the course you are enrolled in with us.

You can apply for a CT at any time, however it is best you do this prior to the course commencement date so that credits are known upfront and you are not required to do any work that you otherwise may not have needed to do.

Please refer to the AIST Student Handbook for more details and information on how to apply for a CT.
 

Recognition of Prior Learning (RPL)

Recognition of Prior Learning (RPL) is a process where skills and knowledge that you have gained through work and life experience and other unrecognised training can be formally recognised.

It is best to apply for RPL prior to the course commencement date so that you are not required to do any work that you otherwise may not have needed to do.

Please refer to the AIST Student Handbook for more information on how to determine if RPL is a suitable option for you or to apply for RPL.

IMPORTANT - please review before enrolling in this course

AIST is here to support your student needs. If you have any questions or concerns surrounding the information below, please contact us on training@aist.asn.au or 03 8677 3800.   

Course entry requirements

There are no minimum education requirements. However, students are required to be 18 years or older to enrol in this course.

Prior to the course commencement date, students will be required to complete the Pre-Course Questionnaire to ensure that each student has the sufficient language, literacy and numeracy skills (as outlined below) to successfully complete the course and to identify if students have any specific individual support needs for their learning experience.

Additional information may be requested if AIST has any concerns about a student's ability to complete the course, which will be used to support a decision about the enrolment including any support for the student. If for any reason AIST is unable to accept a student’s enrolment, they will be contacted and the reasons for the decision will be explained and a full refund provided. Any alternative courses or pathways will be discussed with the student.

Please refer to the AIST Student Handbook to familiarise yourself with important information in relation to studying with AIST and relevant policies and procedures.

Language, Literacy and Numeracy (LLN) Requirements

AIST courses are delivered and assessed in English and require you to read comprehensive student materials, complete a range of written and verbal assessments and undertake independent study and homework activities. In addition, the delivery mode relies on the extensive use of written and verbal communication.

If you have any doubts about whether you have the language, literacy and numeracy skills to undertake this course, please contact our Education team on training@aist.asn.au or 03 8677 3800 to discuss your circumstances.

If you need additional support, there are a number of organisations who provide English language and literacy services. Some suggestions are listed below:

Please note that fees and charges for these services may apply and will be the responsibility of the student.

Technology Requirements

You will need access to a computer satisfying the following minimum systems requirements:

  • Windows or Mac OS X operating system
  • Adobe Acrobat Reader (latest versions available for free download at Adobe website)
  • Internet access with a reliable internet connection
  • Access to a printer may be required

You’ll also need to have access to one (1) of the following devices with audio and video recording functionality:

  • Smart phone
  • Laptop
  • Desktop computer
  • Tablet

Skill requirements

To successfully complete this qualification, individuals will require basic computing skills. This may include:

  • editing and saving documents in Microsoft Office
  • using the internet for research
  • downloading and saving documents from websites
  • uploading documents through websites
  • making an audio and video recording using a smartphone, laptop/computer or tablet

Support for Students with Special Needs

If you have a special learning need or condition which may impact on your ability to study or to complete the assessment tasks, please make us aware of your circumstances prior to commencing study or as soon as possible thereafter. 

Please contact our Education team on training@aist.asn.au or 03 8677 3800 to request assistance and discuss appropriate support options.

This course is comprised of two (2) units of competency from the FNS Financial Services Training Package:

FNSFMK505 Comply with financial services legislation and industry codes of practice
FNSORG604 Establish outsourced services and monitor performance

Assessment tasks

The assessment tasks are designed to test your understanding of the two (2) units of competency and ensure that you can apply this knowledge in a practical way.

The assessment tasks are as follows:

  • Short answer written assessments (2) – you will be required to complete a series of short answer questions
  • Case study written assessment – you will be required to review a case study and answer a series of questions

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.

 

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.

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.

A weblink and instructions on how to upload the written assessments will be provided with the assessment document.ions on how to upload the written assessments will be provided with the assessment document.

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 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 four (4) weeks after your results have been provided.

Student handbook

The AIST Student Handbook is an important resource to guide you through your study. Please take the time to read this information to ensure you’re well informed.

Access the AIST Student Handbook here.

The handbook includes information on:

  • Recognition of Prior Learning
  • Credit Transfer
  • Student code of conduct
  • Support services
  • Legislation and Privacy policy
  • Complaints and Appeals policy
  • Fees and refunds policy
  • Additional course fees and charges

Student policies and procedures

It is the responsibility of all students to familiarise themselves with, and adhere to, all relevant AIST Education policies and procedures.

AIST Education policies and procedures can be viewed here:

Important notes

Please note: To ensure we are able to meet your dietary needs, please let us know via training@aist.asn.au at least 48 business hours prior to the event. Unfortunately, we are unable to cater to special requirements after this timeframe.

Dates

There are no more occurrences scheduled, please contact us for more information.
Early-bird
Member
$1765.00
Non-member
$2185.00
Standard
Member
$1940.00
Non-member
$2400.00