Program Overview

---

FIN380 Superannuation

This subject introduces the student to the complex world of superannuation savings. The course examines the government policy behind superannuation and the historical, international, and legal context of this policy. It considers the complex rules relating to contributing, investing, compliance, thresholds, and indexations, and the use of superannuation as part of an overall retirement plan.

Subject Outlines

The subject outlines and assessment tasks are updated each session.

Availability

The subject is available in:

• Session 1 (30)
• Online
• Bathurst Campus

Duration

The subject is one session in duration.

School

The subject is offered by the School of Business.

Prerequisites

The prerequisite for this subject is FIN331.

Learning Outcomes

Upon successful completion of this subject, students should:

• be able to demonstrate an understanding of how superannuation policy is placed within its historical, international, and legal framework and understand the proposed amendments to be made to superannuation.
• be able to demonstrate an understanding of the complex sets of rules determining the taxation of superannuation contributions, earnings, and withdrawals.
• be able to identify effective ways of saving for retirement.
• show how superannuation and retirement income streams work within an estate plan.
• be able to demonstrate an understanding of the rules and requirements for establishing and administering superannuation funds and self-managed superannuation funds.
• be able to demonstrate an understanding of the various retirement income products within the market.

Syllabus

This subject will cover the following topics:

• Retirement policy
• Historical and international background to superannuation
• The superannuation entity
• Establishing a superannuation fund including taxation
• Administration and compliance of funds
• Contributions to superannuation funds
• Benefits from superannuation funds and reasonable benefit limits
• Investment policies and strategies
• Family law, bankruptcy, and other legal issues
• Retirement issues including social security, estate planning, and termination payments
• Retirement income streams
• Self-managed superannuation funds
• The role of the adviser
• Case studies in retirement income planning

Grading System

The grading system for this subject is HD/FL.