Superannuation and Retirement - 2017

Unit summary


  • Level of Study: Undergraduate Level 2
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: Yes
  • Duration: 13 weeks
  • Government loans available: FEE-HELP, HECS-HELP
  • Availability for 2017: SP1 , SP3
  • Availability for 2018: SP1 , SP3
  • Assessment: Assignment (50%) , Invigilated Exam (40%) - Learn more

Unit provided by

2017 Fees
Domestic 1,324.00
HECS 1,324.00
International 1,574.00

Please note: This unit was previously known as Superannuation and Retirement Planning.

Build your understanding of a range of superannuation and retirement planning issues. You will cover: the superannuation system; regulation of superannuation; superannuation funds; self managed superannuation; role of trustees; contributions and withdrawals; complaints procedures; future changes to superannuation; superannuation in other countries; retirement products, pensions and annuities; and investment strategies for retirees. Upon completion of the unit you will be able to demonstrate an understanding of the nature of superannuation, the ideology underlying it and its importance in the Australian economy and society.

At the completion of this unit you will be able to:

  1. demonstrate an understanding of the nature of superannuation, the ideology underlying it and its importance in the Australian economy and society
  2. explain the regulatory environment in which the superannuation system operates and the impact of the various regulatory bodies on the financial planning industry
  3. discuss the various types of superannuation and superannuation funds available in Australia
  4. discuss the role and obligations of superannuation fund trustees
  5. demonstrate an understanding of the nature and tax treatment of payments into a superannuation fund
  6. demonstrate an understanding of the rules that apply to contributions to and withdrawals from superannuation
  7. outline the taxation implications of a withdrawal from superannuation
  8. demonstrate an understanding of the concept of retirement planning and the broader social and financial issues associated with retirement
  9. demonstrate the ability to apply the knowledge gained to individual retirement planning
  10. discuss investment options and strategies appropriate to retirees
  11. demonstrate an understanding of the role of superannuation and retirement planning in the broader context of financial planning
  12. outline the types of superannuation funding applied by overseas countries such as Singapore, USA and Europe.
  • Assignment (50%)
  • Invigilated Exam (40%)
  • Test (10%)
For more information on invigilated exams see Exams and results

Recommended prerequisites

You are recommended to have completed the following unit(s) or have equivalent knowledge before starting this unit:

  • Additional materials

This unit addresses the following topics.

1Superannuation in context
2The Australian superannuation system and regulator
3Types of superannuation funds & taxation of super
4Self managed superannuation funds
5Contributions to superannuation funds
6Superannuation benefit payments
7Retirement income planning and strategies
8Alternative retirement funding strategies
9Planning for the final retirement years
10Retirement planning issues - investment allocation, death, divorce, complaints

This unit is delivered using the following methods and materials:

Instructional Methods

  • Chat rooms
  • Online Quizzes/Tests

Online materials

  • Printable format materials

This unit is a core requirement in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a unit.

Click on the titles of the listed books below to find out more:

Required textbooks

  • Australian Master Superannuation Guide 2016/17

    By:Leow, James

    ISBN: 9781925397031


    Supplier:Go to The Co-op Bookshop

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