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25208 Advanced Financial Planning

UTS: Business: Finance and Economics
Credit points: 6 cp

Subject level: Undergraduate

Result Type: Grade and marks

Requisite(s): 25503 Investment Analysis AND 25415 Personal Financial Planning
These requisites may not apply to students in certain courses.
There are also course requisites for this subject. See access conditions.

Handbook description

This subject introduces the process of developing and implementing a range of personal financial plans designed to meet the needs of a range of personal investors within a contemporary social, economic, legal and regulatory context.

Subject objectives/outcomes

On successful completion of this subject, students should be able to:

  1. understand the principal elements of the personal financial planning process, the technical skills required in this process and the analytical processes involved
  2. explain the impact upon the personal financial planning process of relevant Australian taxation and other relevant regulatory processes
  3. define the investment needs of clients and utilise various techniques for the establishment and implementation of a Personal Financial Plan to meet these needs
  4. describe and apply techniques associated with the performance management of personal investment portfolios.

Contribution to graduate profile

This subject introduces students to the process of developing and implementing a range of personal financial plans designed to meet the needs of personal investors within a contemporary social, economic, legal and regulatory context.

Teaching and learning strategies

The subject uses a series of interlinked case studies drawn from a case study matrix to analyse the principal financial planning opportunities and issues.

Content

  • The personal financial planning matrix
  • Financial, accounting and taxation issues in personal financial planning
  • Estate planning and superannuation strategies
  • Social security issues
  • Regulation, information, privacy and disclosure
  • Reporting and performance analysis.

Assessment

Assessment item 1: Class Tests (Individual)

Objective(s): 1-4
Weighting: 50%
Task: Class tests will assess students' understanding of the financial planning process and their ability to develop and implement personal financial plans. They assure objectives 1-4.

Assessment item 2: Final Examination (Individual)

Objective(s): 1-4
Weighting: 50%
Task: The final examination will test students' understanding of key concepts of financial planning and their ability to evaluate personal financial plans. It assures objectives 1-4.

Recommended text(s)

Australian Financial Planning Handbook 2007/2008, Thomson ATP, Pyrmont, 2007.

Indicative references

Valentine T., Modern Financial and Investment Planning, Pearson Education Australia, Sydney, 2007

Australian Master Financial Planning Guide 9th edn CCH Australia Sydney, 2007

ASIC Financial Services Policy Handbook , Australian Securities and Investments Commission 2001

ASIC Managed Investments Handbook, Australian Securities and Investments Commission 2001

ASIC Good Advice Handbook — Investment Advisory Services, Australian Securities and Investments Commission 2001

Other resources

Lecture overheads

All 25208 overheads and tutorials will be available on UTS 25208 Online. Only those 25208 tutorial solutions involving Excel spreadsheets will be placed online.