Handbook

This is a capstone course in the financial planning curriculum to provide students with a practical understanding of the provision of financial product advice and managing clients’ relationships. It consolidates and completes student knowledge and skills required for pursuing employment in the financial planning industry. The course covers the important aspects of ethics, professional standards and Chapter 7 of the Corporation Act to the standards set by the Financial Adviser Standards and Ethics Authority. The course also covers the different elements of financial planning advice including understanding the client's situation and needs, conducting analysis and research, formulating appropriate financial planning strategies, choosing suitable products, preparing a fully compliant comprehensive financial plan in a form of Statement of Advice (SOA), implementing the financial plan and providing ongoing review and services to the client. It is a required course for professional recognition in financial planning.