Viewing Unit History

The information below is relevant from 05/03/2018 to 11/07/2021
Click Here to view current information

FINC19016 - Retirement and Superannuation

General Information

Unit Synopsis

This unit covers the regulatory framework of superannuation and the role of financial advisor in retirement and superannuation planning. You will examine the legal and taxation issues related to long term wealth creation and the operation of superannuation funds. You will apply the skills required for managing the client relationship and construct a strategic retirement plan for a client situation.


Level Undergraduate
Unit Level 2
Credit Points 6
Student Contribution Band SCA Band 4
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites

Pre-requisite: FINC11001 plus Co-requisite: LAWS19033

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 1 - 2018

Term 1 - 2019 Profile
Term 1 - 2020 Profile
Term 1 - 2021 Profile
Term 1 - 2022 Profile

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Assessment Overview

Recommended Student Time Commitment

Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Assessment Tasks

Assessment Task Weighting
1. Practical Assessment 50%
2. Examination 50%

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).

Consult the University’s Grades and Results Policy for more details of interim results and final grades

Past Exams

To view Past Exams, please login
Previous Feedback

Term 1 - 2021 : The overall satisfaction for students in the last offering of this course was 4.9 (on a 5 point Likert scale), based on a 50% response rate.

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Source: Student email
Student requested solutions as feedback on the Super FINC19016 exam.
Detailed feedback will be provided for each Online Open Book exam.
Action Taken
Although there are potentially multiple solutions to the applied theory questions in the exams, a proposed solutions for the exam questions were provided to the students in T1 2021 via Moodle in the Assessment tile as part of Exam feedback when the grades were posted.
Source: Moodle Forum
Students expressed concerns around not having access to a computer at home or if their computer or software did not work properly what are their options.
Recommend to students to contact CQU Student Support Services for a assistance.
Action Taken
There was no incidence of this issue in T1 2021. however, had there been, then students would have been recommended to contact CQU Student Support Services.
Source: Self-evaluation
Students appreciate responsive personalized engagement, especially when they are demotivated, struggling with completing the assessment task and/or misunderstanding the content while studying at home by themselves in between the weekly Zoom Workshop sessions.
Continue to provide the personalized service to students when they reach out whether for a one-on-one Zoom session, by phone, by email or the Moodle Q&A forum.
Action Taken
Source: Student feedback
I would love a prescribed textbook for this unit. However, I know that this might not be possible because of the broad content of the unit.
Two supplementary textbooks were prescribed for students for this unit. However, based on this feedback specific reference to the supplementary textbooks will be made in future terms.
Action Taken
Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Explain contemporary retirement and superannuation issues
  2. Apply taxation and legal principles to long term wealth creation
  3. Explain issues relating to self-managed superannuation funds
  4. Construct pre and post strategic retirement plans.

Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4
1 - Practical Assessment
2 - Examination
Alignment of Graduate Attributes to Learning Outcomes
Introductory Level
Intermediate Level
Graduate Level
Graduate Attributes Learning Outcomes
1 2 3 4
1 - Communication
2 - Problem Solving
3 - Critical Thinking
4 - Information Literacy
5 - Team Work
6 - Information Technology Competence
7 - Cross Cultural Competence
8 - Ethical practice
Alignment of Assessment Tasks to Graduate Attributes
Introductory Level
Intermediate Level
Graduate Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9 10
1 - Practical Assessment
2 - Examination