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Professional Certificate in Self Managed Superannuation Funds

 

Status Status Open

Fees Fee $7,000

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  • 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 and a 3 hour open book exam. You are also required to complete assignments during the courses.

    Courses are delivered by industry experts Peter Hogan and Peter Burgess.

  • Benefits
    • University qualification
    • 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
    • First University course to receive SMSFA accreditation
    • SMSFA CPD points
    • FPA CPD points
    • RG146 compliant in Self Managed Superannuation*

    * In order to provide advice on Self Managed Superannuation students must also hold RG146 compliance in the specialist knowlegde areas of Superannuation, Generic Knowledge and Skills.

  • 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
    • Dealing with Superannuation assets in the context of the Family Court Decision
    • Binding Financial Agreements
    • NSW Succession Act
    • Superannuation as a notional estate asset
    • 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
    SMSF 1 - Establishment and Accumulation
    Friday 17th and Saturday 18th March
    Friday 7th and Saturday 8th April
    Exam - Thursday 11th May

    SMSF 2 - Distribution and Estate Planning
    Friday 4th and Saturday 5th August
    Friday 8th and Saturday 9th September
    Exam - Thursday 12th October


    Melbourne
    SMSF 1 - Establishment and Accumulation
    Friday 24th and Saturday 25th March
    Friday 21st and Saturday 22nd April
    Exam - Thursday 25th May

    SMSF 2 - Distribution and Estate Planning
    Friday 11h and Saturday 12th August
    Friday 15th and Saturday 16th September
    Exam - Thursday 19th October


    Sydney
    SMSF 1 - Establishment and Accumulation
    Friday 3rd and Saturday 4th March
    Friday 31st March and Saturday 1st April
    Exam - Thursday 4th May

    SMSF 2 - Distribution and Estate Planning
    Friday 28th and Saturday 29th July
    Friday 1st and Saturday 2nd September
    Exam - Thursday 5th October

    If you have any questions please contact Celeste Kelly via email celeste.kelly@adelaide.edu.au 

    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?
    SPAA Logo

    The SMSF Association

    This course is of extremely high standard and has been designed to the required standards of The SMSF Association National Education Register, and also independently certified. It is one of the original accredited courses on The SMSF Association National Training Register.

    The course presents and ideal opportunity for Specialist Advisors to complete studies at a Postgraduate level as well as contributing to their professional development and satisfying a significant proportion of The SMSF Association's CPD requirements.

    Click here to view The SMSF Association Education and Training Register Assessment.

    This program provides 80 CPD points.

    Financial Planning Association of Australia

    The Professional Certificate in Self Managed Superannuation Funds has been accredited for professional development by the Financial Planning Association of Australia but does not constitute FPA's endorsement of the activity.

    Accreditation number 008211 for 70 hours of continuing professional development.

    Click here to view the breakdown of individual CPD categories covered

    ASIC Compliance

    The Professional Certificate in Self Managed Superannuation Funds has been included on the Australian Securities and Investment Commission (ASIC) Compliant Training Register.

    Click here to view the details of compliance.

  • How much does it cost?

    The 2018 price for the full program is AU$7,000 (2 courses).

    You do not have to pay the full amount up front as the University will invoice per course enrolment.

    As this is a University award program you may seek financial assistance via the Australian Government's FEE-HELP scheme.

    Click here for more information about FEE-HELP.

  • FAQs

    Yes, as this is a University postgraduate program the entry requirements are an existing degree and be currently employed or have been employed, on a full time equivalent basis, within the last 2 years in a related professional capacity in the Superannuation or SMSF sector. We may also consider applicants based on work experience alone.

    This degree must be from a recognised University but can be from any discipline, i.e. commerce, economics, finance, accounting etc.

    To be accepted into the program on work experience you would need to have been working in the Superannuation or SMSF field for at least 2 years or have been working in the taxation or accounting fields for this period of time and have had exposure to superannuation or SMSF's.

    Not sure if you qualify, please contact Celeste Kelly via email or on (08) 8313 3104.

    Yes, after the first intensive weekend for each course you will be given an assignment to complete. You will have approximately 2 - 3 weeks to complete the assignment and it is worth 50% of your overall grade.

    The 3 hour open book exam makes up the other 50% of the final grade. This is a written exam made up of short answer and essay type questions.

    You must pass the exam as well as achieve 50% overall to pass the course.

    No, provided you have existing SMSF knowledge. The courses are independent of each other so you can study them in any order. If you have not had any exposure to SMSF we would recommend commencing with the SMSF 1 - Establishment and Accumulation course.

    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
    •  You will be eligible for The SMSF Association's Prize for the Professional Certificate in Self Managed Superannuation
    The Specialist SMSF course is:
    •  A non award course so there are no post-nominal's associated with completion of the course. Upon successful completion of the program participants receive a University branded certificate.
    •  A concise course designed to provide participants with the knowledge to undertake the SMSFA Specialist Adviser Program
    •  Is assessed via an optional on-line exam. The exam is required to be completed for those participants wanting to receive RG146 compliance in Self Managed Superannuation by completing this course.

    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.

    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.

    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.

    PC.SMSF

  • How do I enrol?

    To apply for this program please download the application form, complete and return to the International Centre for Financial Services.

    If you have any questions please do not hesitate to contact Celeste Kelly.

International Centre for
Financial Services

The University of Adelaide
Business School

Address

Level 12, 10 Pulteney Street
The University of Adelaide SA 5005
North Tce Campus Map

Contact

Telephone: +61 8 8313 8398
Facsimlie: +61 8 8223 4782
Email: icfs@adelaide.edu.au