UO Applied Financial Planning G

Course aim

To provide students with a detailed understanding of the key issues and factors, including taxation, that impact on the selection of financial and investment strategies for development of a comprehensive Statement of Advice (SOA). To identify the impact of behavioural biases on client financial choices and implications for adviser recommendations, and to recognise the importance of long-term financial, tax, and investment planning for the maintenance of and improvement to the investor’s lifestyle.

Course content

The financial planning process and professional, ethical and regulatory compliance requirements in the client-adviser relationship; implications of behavioural finance for both the client-adviser relationship and in the development of client financial advice; preparation of the Statement of Advice (SOA), including ‘fact finding’ for required information and the construction of recommendations; cash flow and budgeting in the creation of personal wealth; income and capital gains tax considerations for personal investment and financing; investment structuring and tax planning strategies for personal investment and financing, including the role of superannuation within the broader financial plan; social security benefits, and their role in the financial planning process; keys to successful financial planning.

Textbooks

Taylor, S 2019, Financial planning in Australia: advice and wealth management, 9th edn, LexisNexis Australia, Sydney

Prerequisites

Nil

Corequisite(s)

Nil

Teaching Method

Component	Duration
EXTERNAL, ONLINE ACTIVITY
Online	35 hours x N/A

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Presentation, Project

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation