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ASFA Learning

Investment Fiduciary Training

AIF – A global standard

An investment fiduciary is someone who manages the assets of another person and stands in a special relationship of trust, confidence and/or legal responsibility.

The mission of this course is to promote a culture of fiduciary excellence and principle-based leadership to improve the decision-making process of investment fiduciaries. With the release of the MySuper proposals, ASFA AIF® provides the definition and clarity needed for a principle-based approach in contrast to the now well established rules-based compliance. Trustees of entities are seeking reliable, standards-based content to guide them on effective procedures, particularly around implementation and ongoing monitoring.

Becoming equipped to ask the right questions is a terrific place to start.

Who should attend the course?

ASFA AIF® is not an introductory trustee course. It assumes the participants have a good working knowledge of the SIS legislation, the Corporations Act, the Managed Investment Act and various state trustee acts.

The course is suitable for trustees, compliance managers, senior operations staff, investment managers, asset consultants, accountants and lawyers.

Program

The ASFA AIF® Capstone Program is delivered in two stages and covers, in logical sequence, the Fiduciary Quality Management System and its 21 practices.

Participants first complete the online learning modules at their own pace (5.5 hours). The second stage involves a one day workshop where the practices are reviewed and participants have an opportunity to ask questions on the full course material.

The practices are then applied to practical case studies.

CPD points

12