Superannuation G

Course aim

To develop understanding of: superannuation as a saving and wealth creation vehicle; the financial planning principles and advice involved in superannuation investment strategy; and tax implications associated with superannuation and retirement planning.

Course content

Superannuation environment: brief history, social implications of retirement, funding requirement for retirement, regulatory environment, complying funds, nature and limits of investments, fund types and characteristics; self-managed superannuation funds (SMSF): role, establishment, operation and requirements; superannuation contributions and tax: contribution types, tax implications of contributions and investments, Superannuation Guarantee (SG) and contribution rules; fund preservation and release: preserved and non- preserved benefits, restricted and non-restricted benefits, types of condition of release; superannuation benefits: tax free and taxable components of benefits, lump sum, account-based pension, income streams, tax implication of benefits payments, commutation, social security benefits and superannuation retirement planning; death benefits: superannuation and tax laws applicable for death benefits, proportioning rule, identification of beneficiaries and nomination of beneficiaries.

Textbook(s)

Leow, J & Murphy, S 2021, Australian master superannuation guide 2021/22, 25th edn, Wolters Kluwer

Prerequisite(s)

There are no course pre-requisites for students undertaking the following Masters pathway streams: Bachelor of Business (Economics, Finance and Trade) Pathway to Master of Finance (Financial Planning) (MPFP-DBIB); Bachelor of Business (Property) Pathway to Master of Finance (Financial Planning) (MPFP-DBPY); Bachelor of Business (Real Estate Practice) Pathway to Master of Finance (Financial Planning) (MPFP-DBRF).

Corequisite(s)

Nil

Teaching method

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Examination, Presentation, Problem solving exercise

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
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* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.