309010 (v.2) Principles of Insurance and Superannuation 101
Area: | Department of Mathematics and Statistics |
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Credits: | 25.0 |
Contact Hours: | 4.0 |
Tuition Patterns: | The tuition pattern provides details of the types of classes and their duration. This is to be used as a guide only. Precise information is included in the unit outline. |
Lecture: | 1 x 2 Hours Weekly |
Tutorial: | 1 x 1 Hours Weekly |
Syllabus: | The purpose of insurance. History & development of insurance in Australia. The operation & statutory requirements of Insurance companies and the role of the actuary. The products offered and their uses in society and financial planning. Some basic actuarial concepts will be introduced as well as the taxation and investment aspects of the various insurance products. The pricing of some basic insurance products will also covered. The history of the superannuation industry in Australia and current practice. The various types of superannuation schemes available, including Public sector, corporate and industry funds, Master trusts and self managed superannuation funds. Their taxation & investment advantages and roles in retirement planning. Funding and investment strategies. The relationship of superannuation to the Social Security system. |
Unit references, texts, outcomes and assessment details | The most up-to-date information about unit references, texts and outcomes, will be provided in the unit outline. |
Field of Education: | 081103 Insurance and Actuarial Studies |
Result Type: | Grade/Mark |
Availability
Year | Location | Period | Internal | Partially Online Internal | Area External | Central External | Fully Online |
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2012 | Bentley Campus | Semester 1 | Y |
Area External refers to external course/units run by the School or Department or offered by research.
Central External refers to external and online course/units run through the Curtin Bentley-based Distance Education Area
Partially Online Internal refers to some (a portion of) learning provided by interacting with or downloading pre-packaged material from the Internet but with regular and ongoing participation with a face-to-face component retained. Excludes partially online internal course/units run through the Curtin Bentley-based Distance Education Area which remain Central External
Fully Online refers to the main (larger portion of) mode of learning provided via Internet interaction (including the downloading of pre-packaged material on the Internet). Excludes online course/units run through the Curtin Bentley-based Distance Education Area which remain Central External