RTO Provider Number 91217 ABN 741 165 412 56 MK_DSCv1411 (DSC) Securities Pinnacle’s (DSC) Securities is an elective module as part of the following qualifications: FNS50611 Diploma of Financial Planning, FNS51811 Diploma of Financial Services and FNS60410 Advanced Diploma of Financial Planning. DSC is available as a specialist standalone module. This module examines the different types of direct securities, predominantly focusing on shares and fixed interest securities. It outlines core advising considerations including the operation of markets, factors influencing returns, technical and fundamental analysis, trading strategies and utilising research. Pinnacle’s (DSC) Securities follows the nine steps of financial advising in matching investor’s needs and risk profile to construct and manage a client's securities portfolio. This module results in ASIC RG146 compliance in Securities What can you expect in this module? The (DSC) Securities module consists of the following chapters: Chapter 1: Securities Markets Overview This chapter provides an overview of the various types of securities markets. The topics of intermediation, over-the-counter markets and the major market participants (investors, brokers, financial institutions and fund managers) are presented. Chapter 2: Fixed Interest Securities This chapter examines fixed interest securities, namely bonds and debentures. It examines the structure of the market, trading of these instruments, the key technical aspects of the asset class and how fixed interest investments would fit within the client portfolio. Chapter 3: Australian Stock Market This chapter explains how the Australian stock market works, with an emphasis on the technical aspects of market operations including SEATS, listing requirements and ASX listing rules. It also covers the introduction of the new trading market, Chi-X. This chapter presents the regulatory aspects of providing advice on securities, and the role of the Australian Securities and Investment Commission (ASIC). Chapter 4: Analysing and Evaluating Company Performance This chapter outlines key technical aspects relating to securities investment and evaluating company performance. It examines financial quotations, the methods of constructing an “efficient” portfolio and the selection of appropriate investment strategies. All core fundamentals of share analysis are considered in detail. Chapter 5: Securities Skills SYDNEY Suite 706, Level 7, 100 William Street Woolloomooloo, NSW 2011 www.pinnacle.edu.au [email protected] Phone: 1300 782 822 Fax: 1300 794 820 This chapter explains how to construct a comprehensive direct securities portfolio that matches client needs and objectives. It uses the nine steps of financial planning to construct a risk recommendation using a sample scenario, fact finder and a Statement of Advice. Assessment To successfully complete this module, you must be deemed competent in a series of multiple choice exams, a project and complete skills assessment (verbal role play) requirements. One skills assessment is required for the achievement of multiple modules or the full qualification. Assessments are based upon Competency Based Training and Assessment methods and outcomes are recorded as Competent or Not Yet Competent. Students must be deemed competent in each of the required assessment tasks to receive the required competencies. Page 1 | DSC 1300 782 822 RTO Provider Number 91217 www.pinnacle.edu.au ABN 741 165 412 56 Units of Competence and RG146 Compliance This module fulfils ASIC’s RG 146 requirements for Securities specialist knowledge when combined with the completion of ASIC RG146 Generic Knowledge*. A skills assessment must be undertaken in order to provide personal advice. *May be attained via any course listed on ASIC Training register or the completion of the following Pinnacle modules: (DGK) Generic Knowledge (DPE) Financial Planning Essentials Upon successful completion of this module, a Statement of Attainment listing the following (3) units of competency for Securities will be awarded. These three units of competency map to Pinnacle’s DSC module which forms part of the FNS50611 Diploma of Financial Planning: Testimonial ‘Thanks for the prompt reply and for all your help during this process. Every time I've made contact with pinnacle, I have been grateful for the help given. I have friends in the office doing their DFS through other institutions who have not been as lucky. Once again many thanks.” Alexander Winter Determine client requirements and expectations FNSCUS506A Record and implement client instructions FNSIAD502A Provide appropriate and timely information and advice to clients Upon successful completion of this module, a Statement of Attainment listing the following (3) units of competency from the FNS60410 Advanced Diploma of Financial Planning will be awarded: FNSASICW503A Provide advice in Securities FNSFMK502A Analyse financial market products for client FNSFMK503A Advise clients on financial risk Learning Outcomes After successful completion of this module the student will be able to: outline the main features of the Australian securities markets, detailing the major types of security traded and the role of key market participants including the Australian Stock Exchange (ASX), major intermediaries such as financial institutions and fund managers, brokers and retail investors distinguish the operations of primary and secondary markets and explain the role of underwriters, private placements and over-the-counter transactions define key concepts and terms relating to securities markets operations to assist client understanding outline the regulatory regime applying in securities markets, distinguishing the obligations of the ASX, as the market license holder, and the role of ASIC identify the main ASIC compliance obligations applying to advisers in securities outline the broad range of securities traded – bills, bonds, equities, warrants, futures, exchange traded options – their method of trading and the taxation treatment applying to the returns generated explain technical aspects of market operations including SEATS, listing requirements and ASX listing rules and the introduction of Chi-X outline techniques of qualitative and quantitative securities research including financial ratio analysis, fundamental analysis and technical analysis explain to clients the advantages and disadvantages of alternative investment strategies, such as the use of derivatives, gearing, and protected loans, and of emphasising income, growth or ethical objectives when investing develop a trusted relationship with the client which allows for strong communication, detailed fact finding, strategy presentation, negotiation of strategy and implementation of advice Pinnacle Student Page 2 | DSC FNSCUS505A 1300 782 822
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