Tier 1 Compliance Solution

This three-part course has been designed for you to meet Tier 1 adviser requirements set out by ASIC in RG 146. The content can be customised to suit the needs of your organisation, however, all three areas must be covered to achieve competence in the relevant area/s of advice.

This page contains:

PDF Tier 1 Enrolment Kit

Who Should Enrol

Tier 1 Compliance Solution is ideal for:

  • Aspiring financial product advisers yet to have met their Tier 1 competencies
  • Non-advisory financial services staff or staff with limited advice seeking to increase their career potential.

What would I achieve upon completion?

Upon successful completion of Kaplan Professional's Tier 1 Compliance Solution, you’ll be able to:

  • receive a Statement of Attainment against Tier 1 competencies as identified by ASIC
  • understand and apply a broad range of financial services fundamental knowledge including specialist knowledge areas (e.g. managed investments, securities, life insurance)
  • learn practical and appropriate adviser-client skills.

Course Structure, Subject Outlines and Timetables

The modules available in this course include:

  • Generic Knowledge Module
  • Specialist Knowledge Modules (select area/s required)
    • Derivatives (FNSASIC503VA)
    • Securities (FNSASIC503WA)
    • Managed Investments (FNSASIC503TA)
    • Superannuation (FNSASIC503UA)
    • Life Insurance (FNSASIC503XA)
    • Foreign Exchange (FNSASIC503SA)
    • Financial Planning (FNSASIC503ZA) 
  • Adviser Skills Module

Download the Tier 1 Compliance Solution Enrolment Kit (PDF) for further details on each module and assessment timetables. Advisers should choose Specialist Knowledge Modules relevant to the products they wish to provide advice on.

Course delivery

There are two different ways the course can be studied. The delivery modes are:

  • Self-study – Delivered via distance education, subject notes are mailed to students with supplementary material and amendments available via the Kaplan website .
  • Workshop – If a more structured learning environment is preferred, each module is also available in a traditional classroom setting. This involves a period of essential pre-study followed by the workshops (pre-study materials will be mailed prior to workshops). Public workshops are run in each state subject to demand.

Assessments

Depending on the module, assessments is via exam, assignment or both.

  • Generic Knowledge module – assessed via exam
  • Specialist Knowledge modules – each assessed via a combination of assignment and exam
  • Adviser Skills module – content & study materials for development of SOA.

For exams, a pass mark of 70% is required for each module. Exams are multiple-choice and are delivered online via our website.

See the Tier 1 Compliance Solution Enrolment Kit (above) for further details on assessments.

Course Fees

Study costs vary depending on your choice of self-study or workshop study:

Self-study:

  • Generic Knowledge module - $410
  • Specialist Knowledge modules - $410 per module
  • Adviser Skills - $520

Workshop:

  • Generic Knowledge module - $780
  • Specialist Knowledge modules - $780 per module
  • Adviser Skills - $920

Exam/assessment fees:

  • Generic Knowledge module - $290
  • Specialist Knowledge modules - $290 per module
  • Adviser Skills - $395

All prices are valid until 31 December 2008.

Enrolment and Further Information

Get the right qualification and training so you can offer advice on financial products that are important to your career.

PDF Download the Tier 1 Compliance Solution Enrolment Kit

Study Information

Refer to the following links for further information, or visit Study Information:

Exam Information for Online Exam Information (Tier 1 solutions)
 Forms and Kits for ASIC Compliance forms

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