Advanced Diploma of Financial Planning

Course ID: FNS60415

Course overview

The Advanced Diploma is comprised of four specialist courses and it is a pre-requisite entry requirement that a student must have successfully completed the the Diploma of Financial Services (Financial Planning) (FNS50804) prior to enrolment.

Participants who are assessed against any of the ASIC advisory units and their pre-requisites identified below within this program will receive a Statement of Attainment listing which ASIC units have been completed. The course is offered as distance workshop or RPL. The cost and duration indicated below refers to distance education. Please contact provider for details regarding other study methods.

Entry Requirements

The entry requirement for this qualification is completion of the following units of competency, from the core of the Diploma in Financial Planning or their equivalent from a previous version of the FNS Training Package. These are:

  • FNSASICZ503* Provide advice in financial planning
  • FNSFPL501 Comply with financial planning practice ethical and operational guidelines and regulations
  • FNSFPL502 Conduct financial planning analysis and research
  • FNSFPL503 Develop and prepare financial plan
  • FNSFPL504 Implement financial plan
  • FNSFPL505 Review financial plans and provide ongoing service
  • FNSFPL506 Determine client financial requirements and expectations
  • FNSINC401 Apply principles of professional practice to work in the financial services industry

The entry requirement can be met by evidence of equivalent competency to the above units through recognition of prior learning (RPL).

Packaging Rules

Total number of units = 11 

8 core units  plus

3 elective  units

The elective units consist of:

  • 3 from the electives below
  • up to 3 may be from an Advanced Diploma in any currently endorsed training package or accredited course.

The elective units chosen must be relevant to the work outcome and meet local industry needs. 

Units selected from other Training Packages or accredited courses must not duplicate units selected from or available within the FNS Financial Services or BSB Business Services Training Packages.

Core Units  

  • FNSFPL508 Conduct complex financial planning research
  • FNSFPL601 Provide technical and professional guidance
  • FNSFPL602 Determine client requirements and expectations for clients with complex needs
  • FNSFPL603 Provide comprehensive monitoring and ongoing service
  • FNSFPL604 Develop complex and innovative financial planning strategies
  • FNSFPL605 Present and negotiate complex and innovative financial plans
  • FNSFPL606 Implement complex and innovative financial plan
  • FNSPRM601 Establish, supervise and monitor practice systems to conform with legislation and regulations

Elective Units 

  • BSBINM601 Manage knowledge and information
  • BSBINN502 Build and sustain an innovative work environment
  • BSBMGT605 Provide leadership across the organisation
  • BSBMGT617 Develop and implement a business plan
  • BSBSMB405 Monitor and manage small business operations
  • BSBSUS501 Develop workplace policy and procedures for sustainability
  • FNSASICQ503* Provide advice in first home saver market linked accounts
  • FNSASICR503* Provide advice in margin lending
  • FNSASICS503* Provide advice in foreign exchange
  • FNSASICT503* Provide advice in managed investments
  • FNSASICU503* Provide advice in superannuation
  • FNSASICV503* Provide advice in derivatives
  • FNSASICW503* Provide advice in securities
  • FNSASICX503* Provide advice in life insurance
  • FNSASICY503* Provide advice in insurance broking
  • FNSCUS505 Determine client requirements and expectations
  • FNSCUS506 Record and implement client instructions
  • FNSFMK502 Analyse financial market products for client
  • FNSFMK503 Advise clients on financial risk
  • FNSIAD501 Provide appropriate services, advice and products to clients
  • FNSIBK403 Place client insurances with insurers and confirm insurance cover with clients
  • FNSIBK515 Monitor broking client requirements and establish loss control programs
  • FNSIBK507 Review service performance
  • FNSIBK508 Implement changes to broking client’s insurance program
  • FNSINC501 Conduct product research to support recommendations
  • FNSINC503 Identify situations requiring complex ethical decision making
  • FNSINC504 Apply ethical frameworks and principles to make and act upon decisions
  • FNSPRM602 Improve the practice
  • FNSPRM603 Grow the practice

Training providers who offer this course

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