Investment for the Superannuation Industry

This course is a diploma-level course that meets nationally recognised units of competency.

The course will provide learners with a broad understanding of how superannuation is invested. The course is suitable for people at all levels of the industry, covering both basic and advanced investment concepts. It may be completed as a standalone subject or combined with AIST's superannuation industry specific RG146 and Insurance for the superannuation industry to attain a FNS50715 Diploma of Superannuation.

Topics will include

Module 1: Introduction to Investments
  • Income & Capital Return
  • Time horizon
  • Compounding
  • Basic Investment terminology
  • Risk and return
  • Diversification
  • Debt and equity
  • Liquidity
  • Investment risk
Module 5: Service providers and market participants
  • Custodians
  • Actuaries
  • Asset consultants
  • Fund managers
  • Auditors
  • Capital market participants
Module 2: Asset Classes
  • Major asset classes
  • Alternatives and Unlisted assets
  • Hedging and Derivatives
  • Short selling
  • Arbitrage
Module 6: Asset Valuations
  • Asset Valuations
  • Future / Present values
  • Annuity calculations
  • Simple and compound interest
  • Rates of return
  • Rule of 72
  • Discounted cash flow
  • Crediting and unitization
  • Perpetuity
Module 3: Investments, economics and regulation
  • CPI
  • Economic Risk
  • Supply and Demand
  • Legislative risk
  • Consumer sentiment
  • Market regulation
  • Dividend
Module 7: Management styles
  • Selecting and monitoring Fund managers
  • Manager styles
  • Alpha and Beta
  • Benchmarking
Module 4: Managed Investment Products
  • Managed investment products
  • Portfolio theory
  • Standard Deviation
  • Statistics and probability
  • Listed investment companies & ETF's
Module 8: Trustee considerations
  • Investment objectives
  • Investment Strategy
  • Strategic Asset allocation
  • Tactical asset allocation
  • Implementing strategies
  • Monitoring investments

Who should register?

Investment for the Superannuation Industry is designed for a wide range of participants working in superannuation. 

Training methods

Facilitated Training
Facilitated course delivery occurs over two (2) consecutive days and students benefit from the opportunity to participate in group discussions and complete practical exercises. The format also provides a platform for networking with people in the industry.


In order to be found competent in your course you will be required to successfully complete two (2) assessments, they are as follows:

  • Open book exam: This is a two hour exam. You must be supervised at AIST's office or at your workplace with an approved supervisor.
  • Assignment: This is an assessment of case studies and scenarios.

All participants have 6 months to complete the assessments. If you have not completed the assessment within the 6 month period you will be required to re-enrol in the course and incur the full enrolment fee again.

Nationally Recognised Units of Competency

This course comprises of 2 units of competency from the FNS Financial Services Training Package.

FNSFMK505 Comply with financial services legislation and industry codes of practice
FNSORG604 Establish outsourced services and monitor performance


18 hours (including assessments).

Delivery methodFacilitated
CPD Hours18 hours

Member $1,765.00 $1,940.00 Not Applicable
Non-Member $2,185.00 $2,400.00 Not Applicable
All prices are GST exempt *Register 8 weeks before course date. Does not apply to self-paced study


2019 Dates

10, 11 July


9 am - 5 pm

20, 21 November


9 am - 5 pm


This course is also available to in-house groups with a minimum 5 people. If you wish to conduct an in-house session within your office please contact AIST to arrange a suitable time on 03 8677 3800 or

Please note: To ensure we are able to meet your dietary needs, please let us know via at least 48 business hours prior to the event. Unfortunately, we are unable to cater to special requirements after this timeframe.


Antoinette Masiero

“Wonderful support across all areas, including trainer.” 
Antoinette Masiero GAIST, Trustee Director, VicSuper

AIST RTO Code: #21272