Certificate in Self Managed Superannuation Funds
- Who should enrol
- About this program
- Benefits
- What topics are covered
- Where and when can I study
- Who accredits this program
- How much does it cost
- FAQ's
- How do I enrol
Who should enrol
This SMSF program is suited for those wanting to give comprehensive advice of the highest quality to investors in self managed superannuation funds, including Financial Planners, Fund Administrators, Auditors and Accountants.
About this program
This program is made up of 2 courses:
- SMSF 1 - Establishment and Accumulation
- SMSF 2 - Distribution and Estate Planning
Each course consists of two 2 days sessions that are held on Fridays and Saturdays . You are required to complete assignments during the courses.
Courses are delivered by industry experts Peter Hogan and Peter Burgess.
Benefits
- Delivery is via face to face workshops that allow participants to interact not only with the presenter but also other participants who are generally working in the SMSF industry
- Lectures delivered by Industry experts and Academics
- First University course to receive SPAA accreditation
- SPAA CPD points
- FPA CPD points
What topics are covered?
SMSF 1 - Establishment and Accumulation
- General introduction to SMSF's
- What is a SMSF?
- Benefits of SMSF's
- Establishing a SMSF
- Who can be a member of a SMSF?
- Who can give advice in relation to SMSF's?
- Ongoing administration requirements of trustees
- Trustee responsibilities
- Drafting Investment objectives and strategy for a SMSF
- Applicable legislation
- Principles of the sole purpose test and investment standards
- Basic restrictions that apply to investments
- Who and what entities are associates
- Interaction of the various investment restrictions in specific circumstances
- Transitional provisions to prescribed arrangements
- Role and responsibilities of auditors
- The distinction between financial and compliance reports
- Circumstances when an auditor must report breaches to trustees and regulators
- Assessable income of SMSF's in the accumulation phase
- Non arm's length income
- Deductions - insurance premiums, self insurance and Anti detriment payments
- Opportunities in the small business CGT concessions
SMSF 2 - Distribution and Estate Planning
- Sole purpose test - determination of benefit entitlements
- Commencing a pension - steps to be taken
- Personal taxation issues
- New pension definitions
- Review of taxation of SMSF's
- Specific tax issues relating to pensions
- Segregated vs un-segregated
- Use of reserves in pension environment
- Continuing pension liability problems
- Investment strategy concerns
- Rules around use of derivatives
- Estate Planning - dealing with the new environment
- Estate Planning - detailed analysis of who is a dependant and what are their entitlements
- Winding up a SMSF - what you need to do
Where and when can I study
Adelaide
We will next run this course in Adelaide around March 2012. Exact dates will be available around November 2011. If you are interested in receiving information on upcoming offerings in 2012 please contact Tania Turner via email.
We currently have no courses scheduled for Brisbane. If you are interested in receiving information on upcoming offerings in 2012 please contact Tania Turner via email.
We will next run this course in Melbourne around March 2012. Exact dates will be available around November 2011. If you are interested in receiving information on upcoming offerings in 2012 please contact Tania Turner via email.
We currently have no courses scheduled for Perth. If you are interested in receiving information on upcoming offerings in 2012 please contact Tania Turner via email.
We will next run this course in Sydney around March 2012. Exact dates will be available around November 2011. If you are interested in receiving information on upcoming offerings in 2012 please contact Tania Turner via email.
Please note you are required to attend all four dates listed per course.
All courses are run subject to minimum enrolment numbers being met. The International Centre for Financial Services reserves the right to cancel any course where the minimum numbers are not met.
Who Accredits this program?
Self Managed Super Fund Professional's Association of Australia (SPAA)
Financial Planning Association of Australia (FPA)
This course is of extremely high standard and has been designed to the required standards of the Self Managed Super Fund Professional's Association of Australia (SPAA) National Education Register, and also independently certified. It is one of the original accredited courses on the SPAA National Training Register.
The course presents and ideal opportunity for SPAA Specialist Advisors to complete studies at a Postgraduate level as well as contributing to their professional development and satisfying a significant proportion of SPAA's CPD requirements.
Download a copy of SPAA Education and Training Register Assessment
This program provides 214 SPAA CPD points.
Financial Planning Association of Australia
The Certificate in Self Managed Superannuation Funds has been accredited by the Financial Planning Association of Australia.
Accreditation number 004932 for 35 points credit of continuing professional development.
| Professional Dimensions | ASIC Competencies |
Capability Critical Thinking | 21 CPD Points Superannuation 7 CPD Points Financial Planning 3.5 CPD Points Generic Skills 3.5 CPD Points Generic Knowledge |
How much does it cost
The 2011 price for the full program is AU$3,750 (2 courses).
FAQs
Are there any entry requirements for the program?
As this is a non award program there are no entry requirements however it is desriable to have some working knowledge of Superannuation or Self Managed Superannuation.
Not sure if you should enrol, please contact Tania Turner via email or on (08) 8303 8398.
What is the difference between the Professional Certificate and the Certificate program?
The Certificate is:
- A University non-award program so upon successful completion of the program you will receive a University branded certificate, however there are no post-nominal's.
- There is no exam component but participants will be required to complete assignments for assessment as part of each course
- This program is not RG146 compliant
The Professional Certificate is:
- A University award program so upon successful completion of the program you will receive a University parchment and make use of the associated post-nominal's.
- You will be eligible to take part in the graduation ceremonies held at the University of Adelaide
- Requires participants to complete an exam as part of the assessment for each course as well as assignments
- Is RG146 compliant in Self Managed Superannuation
- As this is a 6 unit University award program you may be eligible to count these courses towards a Masters program as electives. This is at the discretion of the admitting University.
- Participants are eligible for The SMSF Professional's Association of Australia Prize for the Professional Certificate in Self Managed Superannuation
Both programs receive CPD points from SPAA and the FPA.
Is the course offered via distance learning?
No, we only teach via face to face workshops and believe this is a benefit of the program. You will have the opportunity to interact with the lecturer and also other participants who are generally working in the SMSF industry.
How up to date is the information covered in the course?
The lecturers are constantly updating the materials and if any rulings come through during the course of your studies they will be updated and included.
How does this program compare to others being offered?
We believe this is the most comprehensive course being offered in SMSF's. As well as meeting industry requirements it has the academic rigour required of a University postgraduate program.
Topics are discussed in detail with reference to primary documents such as legislation and rulings, and real life scenarios.
How do I enrol
Please contact Tania Turner via email to register for this course.
