FINC 3014 Retirement and Succession Planning
Credit Points 10
Legacy Code 200899
Coordinator Amanda Craft Opens in new window
Description Retirement and Succession Planning aims to provide a study of the legislative framework and financial planning issues that impact on advice and decisions relating to retirement planning and estate and succession planning. The subject focuses on identifying practical and strategic planning opportunities and outcomes. The subject will be run with students discussing case studies and preparing critical analysis reports on contemporary issues. Successful completion of the subject will introduce students to retirement planning and superannuation concepts which could lead to careers in these fields.
School Business
Discipline Banking, Finance and Related Fields, Not Elsewhere Classified.
Student Contribution Band HECS Band 4 10cp
Check your fees via the Fees page.
Level Undergraduate Level 3 subject
Pre-requisite(s) LAWS 1004
Learning Outcomes
On successful completion of this subject, students should be able to:
- Demonstrate communication skills through reading and writing in context of issues relevant to retirement and succession planning.
- Develop information literacy through accessing, evaluating and the use of relevant information in respect of current issues and regulation relevant to subject content.
- Integrate theoretical and practical knowledge to solve complex and novel retirement and succession planning problems.
- Demonstrate knowledge of the value of ethical conduct as a professional in the financial services industry.
Subject Content
- Types of superannuation funds and investment and preservation standards.
- The Accumulation and Taxation of Superannuation
- Superannuation Benefits & Income Streams
- Treatment of superannuation upon divorce and bankruptcy
- Superannuation strategies and advice
- Redundancy, Retirement and Eligible Termination Payments.
- Estate and succession planning within financial planning.
- Wills, trusts, powers of attorney.
- Capital Gains Tax and estate planning.
- Business Succession Planning
- Social Security in Retirement
- Aged care concepts and advice
Assessment
The following table summarises the standard assessment tasks for this subject. Please note this is a guide only. Assessment tasks are regularly updated, where there is a difference your Learning Guide takes precedence.
| Type | Length | Percent | Threshold | Individual/Group Task | Mandatory |
|---|---|---|---|---|---|
| Case Study | Case study - 1500 words (10%); Presentation - 20 minutes (15%) | 25 | N | Group | Y |
| Case Study | 1500 words | 25 | N | Individual | Y |
| Final Exam | 2 hours | 50 | Y | Individual | Y |
Prescribed Texts
- Taylor, S Financial Planning in Australia: Advice and Wealth Management 10th edn, 2021, LexisNexis Butterworths, Aust.
Teaching Periods
Spring (2024)
Parramatta City - Macquarie St
On-site
Subject Contact Penny Janson Opens in new window
View timetable Opens in new window
Spring (2025)
Parramatta City - Macquarie St
On-site
Subject Contact Penny Janson Opens in new window