Benefits Essentials

About this course

The essentials of benefits payments

In as little as two hours, this course provides you with all the essential knowledge of superannuation benefits, including the SIS conditions of release, the administration procedures and paperwork in respect of paying superannuation benefits, rollovers, the different ways people can provide for their retirement through retirement income streams, Transition to Retirement (TTR) arrangements, the payment of death and disability benefits, and the tax applicable on lump sums taken out of superannuation.

Learning outcomes

Upon completion of this course, you will be able to:

– explain what is meant by ‘preservation’
– list the three types of preservation status
– explain the conditions of release
– outline the circumstances under which a superannuation benefit must be paid out
– list the three ways that a superannuation benefit can be paid
– explain the various types of income streams and their differences
– describe Transition to Retirement (TTR) arrangements
– explain the administration process and tax treatment of benefit payments.

Course entry requirements

N/A

Who should complete this course?

Benefits Essentials will suit individuals in, or aspiring to work in, administrative or specialist roles within superannuation funds or service providers to the superannuation industry who require an understanding of the key area of superannuation benefits.

Units of competency

N/A

Course length

The estimated time commitment to complete the course is approximately two hours.

Course assessment

You will be assessed by an online exam.

What you’ll receive upon course completion

Upon successful completion of this course you will receive an ASFA Certificate of Completion.

Delivery mode(s)

Online

Corporate Virtual Workshop

Pricing (incl. GST)

Flexible online

Member: $195

Non-member: $250

CPD Points

2 CPD points

Enquiries

For all enquiries, contact ASFA Learning.