RG 146 Superannuation Essentials is the industry’s premier compliance course. It arms you with both the generic knowledge and superannuation specialist knowledge to provide general advice in superannuation. As part of the course material, you will receive access to a series of online modules designed to give students a more blended learning approach by delivering the subject content via videos, interactive activities and additional resources.
Who should enrol?
RG 146 Superannuation Essentials will benefit superannuation practitioners who require a thorough understanding of the operation of the superannuation industry and for those required to be ASIC RG 146 compliant to give general advice in superannuation. It is especially relevant for anyone who deals directly with superannuation fund members.
RG 146 Superannuation Essentials is also suitable for those wanting to update their basic superannuation knowledge and anyone who needs a broad knowledge of superannuation.
Why should I enrol?
What sets RG 146 Superannuation Essentials apart as the premier compliance course?
- Input from ASFA’s industry-leading Policy and Research team and Education Committees.
- Fully interactive modules which can be accessed online and include additional resources to aid students as they complete the course.
- An improved online assessment experience including multiple-choice quizzes and a final take home assignment that can be completed anytime within the 26-week course timeframe.
- For the workshop option, our experienced team of in-house ASFA trainers provide an unparalleled learning environment that caters for all learning styles.
This subject meets ASIC’s RG 146 initial requirements for general advice in superannuation and is the first step to completing the ASFA Diploma of Superannuation.
Licensing
This subject meets ASIC’s RG 146 initial requirements for general advice in superannuation. A skills assessment is also needed to be able to provide personal advice. It includes ASIC’s generic knowledge.
Assumed knowledge
ASFA recommends ASFA 100 Superannuation Principles for those new to the industry.
Topic areas
This subject covers all the content listed under ASIC’s generic knowledge and specialist superannuation knowledge requirements. This includes a general overview of the context in which superannuation is provided, the mechanisms of managing superannuation contributions, including the investment options and the benefits that are paid to members.
Areas covered
- Overview of the superannuation industry – types of funds, size of the industry, compulsory contributions
- Regulation and legislation covering superannuation – APRA, ASIC, ATO, AUSTRAC
- Trusteeship – how does a superannuation trust work, who can be a trustee?
- Superannuation administration – core administrative functions of a superannuation fund including communication and complaints handling
- Contributions – what contributions can be received, how are they treated when they reach the fund
- Benefits – Income Streams & lump sums, preservation and conditions of release
- Taxation of superannuation – concessional tax rates, TFN maintenance
- Investments – assets, risk & return
- Social Security – means testing the age pension
- The economic environment – government policy
- Retirement Planning – What to consider
Qualification
This subject can be counted towards a Diploma of Superannuation (FNS50710).
Assessment
Online quizzes
Final assignment
Availability
Flexible on-line (commence any time)
Face-to-face workshop (public or corporate)
Duration
This subject must be completed within 6 months from commencement.
CPD points
24
Cost
| Delivery mode |
Fees |
| |
Member |
Non-member |
Re-enrol |
| Flexible online |
$825 |
$925 |
$495 |
| 3 day workshop |
$1800 |
$1900 |
|