Student Oral Assignment: Self-Managed Superannuation Funds (SMSF)

This document represents a student's oral assignment on Self-Managed Superannuation Funds (SMSF), a crucial component of financial planning. The assignment is divided into three parts: preparation, oral responses to questions, and a role-play scenario. Part 1 involves preparing a list of resources and equipment needed for the role play, along with a description of the student's preparation, including customization of approach to client needs. Part 2 requires a 10-minute audio recording addressing questions on SMSF advantages, disadvantages, and contribution types. The student identifies tax effectiveness and cost savings as advantages and compliance tasks and fund performance as disadvantages. They also define concessional and non-concessional contributions. The assignment aims to assess the student's understanding of SMSFs and their ability to apply this knowledge in a practical context, demonstrating competence in key financial planning areas. The assignment is graded on a 'competent' or 'not yet competent' basis, with opportunities for resubmission based on assessor feedback.