RG146 Compliant Superannuation and SMSF

Part of the IPA’s charter is providing quality education pathways that help our members maintain high standards in an increasingly competitive market. If you’ve been looking for ways to expand your practice or advance your career, and have been considering adding super and SMSF advice to your skill set, then the RG146 Compliant Superannuation and SMSF Course may be right for you.

The Institute of Public Accountants is pleased to recommend Monarch Institute to our members. Monarch is our training provider of choice because their courses leave graduates ready to take on real-world challenges. They’ve pioneered the effective delivery of online courses, offering genuine self-paced study with full remote support from expert trainers. It’s part of our mission to improve the quality of life of small business, whilst helping our members keep their skills relevant and up to date.

Recent changes advisers

The government has changed the education requirements for professional financial advisers. If you’re providing advice for a fee or reward, this includes you – even if advice isn’t the primary service you provide. In addition to ASIC’s RG146 benchmark, you need to meet the new Financial Adviser Standards and Ethics Authority benchmarks. This means a bachelor degree or postgraduate qualification.

Visit Monarch’s website to find out more.

What’s included in the course?

This course is made up of eight nationally recognised units of competency. They’re grouped in two modules, so you’re learning and applying related concepts at the same time. The modules cover:

Module 1 - Foundations of Financial Planning

  • Analysing client-risk profile
  • Australian licensing framework
  • Client-review process
  • Code of ethics
  • Developing financial-planning strategies
  • Economic fundamentals
  • Establishing client relationships
  • Estate-planning fundamentals
  • Financial markets and participants
  • Fundamentals of the Australian economy
  • Identifying client goals and objectives
  • Implementation of strategies
  • Introduction to social security
  • Introduction to taxation
  • Presenting strategies to clients
  • Regulatory environment
  • Risk management within a financial-services office

Module 2 - Superannuation and Retirement Planning and Self-Managed Superannuation Funds (SMSFs)

  • Accumulation funds and defined benefit funds
  • Benefits of a transition-to-retirement strategy
  • Borrowing within an SMSF
  • Government co-contribution
  • How SMSFs operate
  • Identify different kinds of contributions
  • Insurance within an SMSF
  • Mechanics of a superannuation pension
  • Preservation age and accessing superannuation
  • Responsibilities of SMSF trustees
  • Role and responsibility of superannuation trustees
  • Salary sacrifice and how it’s applied
  • Strategies and case studies
  • Super splitting and how it works
  • Superannuation guarantee
  • Superannuation in Australia
  • Tax applicable to superannuation benefits
  • Taxation and superannuation earnings
  • Transferring assets out of an SMSF
  • Who can contribute into superannuation
  • Winding up an SMSF

Enrol today

There are intake dates or enrolment deadlines holding you back. You can start your enrolment today. Download a brochure and call 1300 738 955 to chat to one of their friendly Course Consultants about your study options.