Conduct complex financial planning research

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver FNSFPL508A, 'Conduct complex financial planning research'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Conduct complex financial planning research' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria



1. Evaluate the client's current situation and identify the issues

1.1. An analysis of the integrity of information provided by the client is undertaken

1.2. The client objectives and expectations are identified and quantified by the authorised representative and tested for viability

1.3. The basis for strategy development is established

2. Identify research requirements and parameters

2.1. Aims and objectives of research including strategy and product and performance parameters are established against client requirements and expectations

2.2. Intended use of the research information is clearly established

2.3. A wide range of internal and external information resources are identified

2.4. Information requirements not met by regular sources are identified and strategies developed to access them legitimately

2.5. Timeframes are established and requests for information prioritised to ensure timelines are met

3. Extract and analyse information according to research requirements and parameters

3.1. Data extraction criteria are established that are relevant to intended use and client requirements and do not unduly limit the scope of research

3.2. Trends are identified to provide meaningful information on performance of possible strategies, products and markets

3.3. Comprehensive risk assessment is made of products identified through the research

3.4. Strategies and financial products are analysed within appropriate timeframes to ensure currency of decision making

3.5. Obtained information is prioritised according to client requirements and expectations

3.6. Issues that require specialist research or advice are identified and appropriate advice sourced and obtained

4. Summarise and present results of research

4.1. Information on financial products is collated and checked against research specification

4.2. Written performance, trend and risk analyses are prepared and checked against research specification

4.3. Any qualifications or issues for further research are described and documented

4.4. Research findings are presented to the financial planner

Qualifications and Skillsets

FNSFPL508A appears in the following qualifications:

  • FNS60410 - Advanced Diploma of Financial Planning
  • FNS50610 - Diploma of Financial Planning
  • FNS50611 - Diploma of Financial Planning