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Superannuation Adviser

Superannuation Adviser is designed for individuals who require authorisation by an Australian Financial Services License (AFSL) holder to provide advice on regulated Superannuation products.

For existing authorised representatives, successful completion of this course allows you to extend your advisory range into Superannuation products.

Focused on your Success

We recognise that employers are increasingly looking for candidates who are aware of the challenges of being a successful financial adviser.

Often a candidate’s Qualification is the only evidence that they possess the technical knowledge and skills requirements to conduct themselves professionally as an authorised representative. Unfortunately, this can not be said for all training providers.

With a Mentor Education Training Australia qualification you have confidence in the fact that you will be equipped with the skills and knowledge gained from a credible industry-endorsed program that employs best practice assessment standards, helping you graduate at the leading edge of your chosen field.

Course Outcome

The Superannuation Adviser course will equip you with the specialist knowledge and technical skills to provide compliant financial advice to clients on personal and business superannuation, retirement income stream products, pensions rollovers and annuities.

RG146 Registered

Mentor’s courses offer more than just compliance training that meets the requirements of Regulatory Guideline 146 (RG146). They are designed to engage and challenge, so that you or your advisers are equipped with both the skills and knowledge required to deliver quality advice outcomes to your clients.

Who Should Enrol?

This course is suitable for:

  • individuals seeking employment with organisations specialising in Superannuation or retirement advice
  • individuals engaged in the promotion of Superannuation or Retirement products
  • financial advisers seeking to enhance their superannuation advisory capability

Course Entry Requirement

This is an open entry course with no pre-requisite qualifications. In order for participants to successfully complete this course, it is recommended they have a strong grasp of literacy and numeracy.

Level of Advice

All financial product advice are labelled under two types of advice: general advice or personal advice. ASIC has provided guidance as to the difference between general advice and personal advice. Both general advice and private advice are outlined under section 766B of the Corporations Act.

General Advice

General Advice relates to financial products or investments that can be obtained from an individual that holds an Australian Financial Services Licence (AFSL) or similarly works for a company that has an AFSL.

The advice is classified as general information provided to a client on a particular product or strategy but does not take into account the clients’ personal financial circumstances.

Furthermore, for general advice the individual will receive a current Financial Services Guide (FSG) from their adviser at the first meeting and if a product is discussed, a Product Disclosure Statement (PDS) for each product will be provided if strategies are discussed, and a relevant client fact sheets will also be provided.

Personal Advice

Advice is deemed personal if the adviser has to consider one or more objectives of the client's personal circumstances, objectives, financial situation or needs.

For personal advice the adviser will provide the client with a current Financial Services Guide (FSG) and a Statement of Advice (SoA), and all relevant Product Disclosure Statements and supporting Financial Statements (where relevant).

The client will also be required to sign an engagement letter, scope of advice, and fee agreement forms.


Individuals seeking to provide Tier 1 compliant advice in Superannuation or Retirement products and services, are required to successfully complete two modules. which are:

  • DFP 1 - Financial Advice
    consisting of Australian Industry Essentials and Financial Advice Fundamentals. Financial Advice Fundamentals to be completed only for personal advice.
  • DFP 3 - Superannuation

DFP 1 - Financial Advice module sets the foundation by teaching the financial advice process, which is reinforced in the DFP 3 - Superannuation module.

Modules

General Advice

This type of advice required students to complete the following modules:

  • DFP1 - Australian Industry Essentials
  • DFP3 - Superannuation

Personal Advice

This type of advice required students to complete the following modules:

  • DFP1 - Australian Industry Essentials
  • DFP1 - Financial Advice Fundamentals
  • DFP3 - Superannuation

Australian Industry Essentials

  • Australian Economy
  • Australian Financial Markets
  • Investment Funds
  • Corporations Act
  • Regulatory Environment
  • Licensees & Representatives
  • Ethics

Financial Advice Fundamentals

to be completed for personal advice

  • Personal Taxation
  • Social Security
  • Wealth Creation Fundamentals
  • Estate Planning Fundamentals
  • Establishing Client Relationship
  • Identify Client Objectives & Financial Situation
  • Analyse Client Objectives & Financial Situation
  • Develop Strategies & Solutions
  • Present Strategies & Solutions
  • Implement Agreed Plan
  • Provide On-going Advice

Superannuation

Specialist Area

  • Introduction to Superannuation
  • Superannuation Eligibility
  • Compulsory Contribution to Superannuation
  • Tax Concessions on Superannuation
  • Withdrawals on Superannuation and ETP's
  • Retirement Income Streams
  • Social Security Pensions
  • Duties of Superannuation Trustees
  • Self Managed Super Funds (SMSF's)
  • Providing Superannuation Advice

Competencies

This course includes nationally recognised units

Superannuation General Advice

FNSIAD301 Provide general advice on financial products and services

Superannuation Personal Advice

FNSASICU503 Provide advice in Superannuation
FNSINC501 Conduct product research to support recommendations
FNSIAD501 Provide appropriate and timely information and advice to clients
FNSCUS505 Determine client requirements and expectations
FNSCUS506 Record and implement client instructions

Assessment

We have designed our assessment activities in line with best practice standards to help you deliver quality advice outcomes to your clients.

General Advice

  • Multiple choice knowledge test for each part
  • Short answer responses to a written assignment

Personal Advice

  • Multiple choice knowledge test for each part.
  • Short answer responses to a practical case study.
  • Skills assessment, telephone based personal advice role play.

Our friendly and experienced team will provide support and assessment feedback as you progress through your studies.

FLEXIBLE DELIVERY OPTIONS: NATION-WIDE

Mentor specialises in providing professional education and training services to you anywhere, any-time. We appreciate that learning needs differ for each individual and organisation, which is why we allow you to select the approach that works best for you.

General Advice

If you only intend to inform clients about a product without making a recommendation this is the course for you.

Study Online, Workshop or customised In-house Training and start this Monday at 11 am with an Induction Webinar.

Online
  • No hidden costs
  • Self-Paced
  • Start anytime
  • Online assessment
  • 1300 phone support

$780.00

ENROL NOW
Download Enrolment Form
and Payment Form

Enrol by 5pm Friday, to access our induction webinar 11am Monday

Workshop
  • No hidden costs
  • Interactive Learning
  • Experienced facilitators
  • National Workshops
  • Catering provided

-

EXPRESS INTEREST
Download Enrolment Form
and Payment Form

Workshop spaces are limited, so book your spot to avoid disappointment

Personal Advice

If you intend to recommend a product taking a clients personal situation into account, this is the course for you.

Study Online, Workshop or customised In-house Training and start this Monday at 11 am with an Induction Webinar.

Online
  • No hidden costs
  • Self-Paced
  • Start anytime
  • Online assessment
  • 1300 phone support

$1,040.00

ENROL NOW
Download Enrolment Form
and Payment Form

Enrol by 5pm Friday, to access our induction webinar 11am Monday

Workshop
  • No hidden costs
  • Interactive Learning
  • Experienced facilitators
  • National Workshops
  • Catering provided

-

EXPRESS INTEREST
Download Enrolment Form
and Payment Form

Workshop spaces are limited, so book your spot to avoid disappointment

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TESTIMONIALS

..Mentor Education’s assistance with helping me with both Diploma of Financial Planning and the Adv. Diploma of Financial Planning has been fantastic. I really appreciate their guidance and assistance with helping me obtain my qualifications. Your prompt email responses to my queries are also greatly appreciated..

Linda Pfitzner
Client Service Manager
Leading Australia Bank Financial Planning

..Mentor Education simply makes our lives easier. Their professional problem-solving approach allows us to focus on other parts of the business;
safe in the knowledge that Mentor graduates have what is takes to provide our clients with sound and accurate advice..

Charles Cavallaro
Professional Development Coordinator
Leading Australian Bank

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