LAWS 3067 Self-Managed Superannuation and Trusts

Credit Points 10

Legacy Code 200900

Coordinator William Higgs Opens in new window

Description This unit provides students with the requisite skills to provide comprehensive financial advice, particularly within the context of an individual being able to choose a superannuation fund or create a self-managed superannuation fund (SMSF). The unit will provide students with an understanding of the implications of self-managed superannuation funds and the use of the trust structure, which are essential components for professionals in this area.

School Law

Student Contribution Band HECS Band 4 10cp

Check your HECS Band contribution amount via the Fees page.

Level Undergraduate Level 3 subject

Pre-requisite(s) FINC 3014 OR
LAWS 3018

Learning Outcomes

On successful completion of this subject, students should be able to:
  1. Develop communication skills through reading and writing in diverse contexts.
  2. Develop information literacy through accessing, evaluating and using relevant information.
  3. Integrate theoretical and practical knowledge to analyse and solve complex and novel problems.
  4. Demonstrate understanding of the value of ethical conduct as a professional in work and in civic life.

Subject Content

Introduction to self-managed funds
Compliance issues
Investment requirements
Taxation and superannuation
Making payments
Transfer of assets
Preservation rules
Estate planning issues
Financial planning strategies
Taxation, audit and compliance
Lump sum benefits
Advantages/disadvantages of trusts

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.

Item Length Percent Threshold Individual/Group Task
Intra-Session Exam 2 hours 20 N Individual
Case Study - Written and Oral Presentation Written (1,500 words) (15%); and Oral presentation (15 minutes) (10%) 25 N Individual
Final Examination 2 hours 55 N Individual

Prescribed Texts

  • James Leow and Shirley Murphy, Australian Master Superannuation Guide (CCH, 19th ed., 2015/16)
  • Australian Superannuation Legislation (CCH, 19th ed., 2015)

Teaching Periods

2022 Semester 2

Parramatta City - Macquarie St

Evening

Subject Contact William Higgs Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

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