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Super university course launched

  •  
By Christine St Anne
  •  
2 minute read

Trustees and directors of super funds will now have access to a university qualification in superannuation.

A university course on superannuation has been launched by the Australian Institute of Superannuation Trustees (AIST) in partnership with Victoria University.

The Graduate Certificate in Superannuation Management is a one-year course targeting directors and trustees of superannuation boards.

"As superannuation becomes complex, more tightly regulated and funds continue to grow in size, so too will demand for specialist skills, particularly in the areas of governance and accountability of which this new course has a strong focus," AIST chief executive Fiona Reynolds said.

Trustee education has often been debated in the industry and is currently one of the issues that will be considered under the Cooper review into superannuation.

 
 

A higher standard of knowledge and skills for trustee directors would be required in the future, Reynolds said.

Once the course is completed, trustees and directors can apply to complete a Graduate Diploma in Management and will also have the option of completing a Masters of Business Administration.

The financial services industry has recently moved to step up education standards in the sector.

In November last year, the FPA proposed a number of recommendations to its education standards that would require all new financial planners to be degree qualified by 2015.