Superannuation and Retirement Applications microcredential
Develop your understanding of the Australian superannuation industry and actuarial practice with our online, certification-style short course.
Benefits of the Superannuation and Retirement Applications microcredential
Australian funds are responsible for $3.5 trillion in investments and 24 million member accounts, as at 30 June 2023— and nearly 20% of actuaries in Australia work in superannuation.
This microcredential is essential to help you understand the Australian superannuation industry and actuarial practice. It will prepare you to be not only a technical expert but also a respected advisor to trustees, sponsors, service providers and other stakeholders.
Future-proof your career
Why the Superannuation and Retirement Applications microcredential?
Latest market knowledge
Broaden your understanding of regulatory and policy changes and global longevity challenges. Get to know the evolving Australian environment.
Designed by actuaries
Learn comprehensive legal, regulatory and professional knowledge with specialised technical aspects by leading actuaries in the field.
Upgrade skillset for diverse roles
Broaden your skills in investment growth, insurance and income planning to prepare for diverse roles like an advisor, analyst or strategist.
Outcomes
With this Superannuation and Retirement Applications microcredential, you’ll be able to:
- Discuss ageing population issues and the principles of retirement systems globally.
- Interpret the legislative, regulatory and environmental factors of the Australian retirement income system.
- Explain the statutory and professional roles for the actuary in relation to Australian superannuation and retirement funds.
- Demonstrate a deep understanding of Australian defined contribution funds
- Apply the actuarial control cycle to manage projects for superannuation and retirement funds.
- Demonstrate a deep understanding of Australian retirement income products.
- Develop models to support consumer decision-making.
Choose your study level
Certification options
Professional Certificate
For those who want to complete the full credential. Includes tutorials, subject materials, an assignment and an exam. Recommend you invest 12 hours a week for 13 weeks. You’ll receive a Superannuation and Retirement Applications Professional Certificate digital badge and earn 312 CPD points.
Certificate
For those who want knowledge and a shareable credential. Includes tutorials, subject materials and receive a pass result for an assignment. Recommend you invest 7 hours a week for 13 weeks. You’ll receive a Superannuation and Retirement Applications Professional Certificate digital badge and earn 182 CPD points.
Course Participation
For those with limited time who want to keep their knowledge and skills sharp. Includes tutorials, learning modules and subject materials. Recommend you invest 2 hours a week for 9 weeks. You’ll earn 36 CPD points.
Enrolment details and course prices
Key detailsIf you're currently completing your Fellowship Program with the Actuaries Institute or intend to, you should progress through the Fellowship Program principles subjects first, and then enrol in this microcredential, which is an Applications subject. It is assumed that you have completed your Foundation and Actuary Program studies plus studied two Fellowship Principles subjects. | Superannuation and Retirement Applications$3,700 AUD GST exempt |
|---|---|
| Entry requirements | You must be a qualified actuary to enrol. |
| Semester 1 enrolment dates | 16 December 2024 - 20 January 2025 |
| Semester 1 study dates | 20 January - 2 May 2025 |
| Future dates | This microcredential is only available in Semester 1. Dates for 2026 to be advised soon. |
| Learning platform | Canvas LMS |
| Learning materials | A combination of online written materials and videos (including links to YouTube). |
Recommended background knowledge
We recommend background knowledge of the Life Insurance and Retirement Product Development (or equivalent) subject, part of the Fellowship Program. Prior work experience is not required.
Life Insurance and Retirement Product Development subject is taught as part of the Fellowship Program.
You will learn to:
- Consider customer expectations and operating environment for life and retirement products.
- Conduct experience reviews.
- Produce product pricing and profit tests.
- Design and implement risk management frameworks and processes.
Enrol for the next teaching period
The Superannuation and Retirement Applications microcredential will deepen your understanding of the Australian retirement income system and enhance your career options. All that’s left is for you to choose the time and effort you want to invest in studying.
