Diploma of Financial Planning

Course ID: FNS50615

Course overview

This qualification is for financial planners who provide a range of standard financial planning services and individuals providing specialist para-planning services.

Individuals in these roles require well-developed skills and a broad knowledge base of the financial planning sector and the ASIC regulatory framework. Individuals in these roles have autonomy in performing technical operations, apply solutions to a range of often complex problems, and analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others.

Total number of units = 15 

9 core units  plus

6 elective  units

The elective units consist of:

  • 4 from the electives below

Of the remaining 2 units:

  • up to 2 may be from the electives
  • up to 2 may be from a Certificate IV, Diploma or Advanced Diploma in any currently endorsed training package or accredited course.

Note: Para-planners must select:

  • FNSFPL508 Conduct complex financial planning research

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

Core Units  

  • BSBITU402 Develop and use complex spreadsheets
  • 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

Elective Units 

  • BSBCUS501 Manage quality customer service
  • BSBINM401 Implement workplace information system
  • BSBSMB405 Monitor and manage small business operations
  • BSBSUS501 Develop workplace policy and procedures for sustainability
  • FNSASIC301 Establish client relationship and analyse needs
  • FNSASIC302 Develop, present and negotiate client solutions
  • FNSASICQ503* Provide advice in first home saver market linked accounts
  • FNSASICU503* Provide advice in superannuation
  • FNSASICX503* Provide advice in life insurance
  • FNSASICY503* Provide advice in insurance broking
  • FNSCUS501 Develop and nurture relationships with clients, other professionals and third party referrers
  • FNSCUS502 Monitor client requirements
  • FNSCUS503 Review business performance
  • FNSCUS505 Determine client requirements and expectations
  • FNSCUS506 Record and implement client instructions
  • FNSFPL507 Provide financial planning advice
  • FNSFPL508 Conduct complex financial planning research
  • FNSIAD501 Provide appropriate services, advice and products to clients
  • FNSIBK403 Place client insurances with insurer and confirm insurance cover with clients
  • FNSIBK406 Deliver professional insurance broking services
  • FNSIBK507 Review service performance
  • FNSIBK508 Implement changes to broking client's insurance program
  • FNSIBK513 Prepare submission for new business
  • FNSIBK515 Monitor broking client requirements and establish loss control programs
  • 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

Training providers who offer this course

Intuitive. Simple. Dynamic.