FNS40820 Certificate IV in Finance and Mortgage Broking

Supersededtraining.gov.au: supersededEquivalent

The currency period for FNS40820 ended on 25 January 2022 — 4 years ago. It names one replacement below, with the equivalence it declares for each.

Transition clockOpen for new enrolmentsClosing to new enrolments soonClosed to new enrolments

For an RTO registered by ASQA, new enrolments are not permitted today, unless ASQA has approved otherwise — for your organisation, for a class of RTOs, or for all RTOs. The one-year point this rule counts from — one year from the date the replacement was included on the National Register — fell earlier, on 27 January 2023. That date is arithmetic, not a day on which this instrument prohibited anything: s 14(1)(a)(i) of the National Vocational Education and Training Regulator (Compliance Standards for NVR Registered Training Organisations and Fit and Proper Person Requirements) Instrument 2025 (F2025L00355) commenced on 1 July 2025 and imposes nothing before then. RTOs registered by VRQA in Victoria or by the TAC in Western Australia are not covered by it.

Learners already enrolled have no fixed deadline: they complete the product and are issued their AQF certification, or transfer to the replacement, in a timely manner (ASQA guidance, read live 25 August 2026).

A second obligation follows from the same fact: under s 7(2)(c) of the same instrument, advertising may refer to a superseded product only while it is on scope and new enrolments are permitted. For an RTO registered by ASQA, new enrolments in this product are not permitted today, so a course page advertising it is not permitted either — and if ASQA approves a later enrolment date, that moves with it.

Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule

Product type
Qualification
Training package
FNS — Financial Services Training Package
Currency period ends
25 January 2022
Latest release
Release 1 · 2 February 2021
Supersedes
FNS40815
Superseded by
FNS40821 equivalent

Where the register points next

Each step below is one supersession training.gov.au publishes between two products. The label on the rail is the equivalence the register declares for that step — not our reading of it.

  1. FNS40820Superseded — equivalentCertificate IV in Finance and Mortgage Broking
  2. equivalent
  3. FNS40821CurrentCertificate IV in Finance and Mortgage Broking

What the register says changed

These are the mapping notes training.gov.au attaches to each supersession, quoted as the register writes them. They are the only public record of what actually changed between two versions.

  • FNS40815FNS40820not equivalent1 February 2021

    The register records this supersession but attaches no note on what changed.

  • FNS40820FNS40821equivalent26 January 2022

    The register records this supersession but attaches no note on what changed.

Official documents on the register

What training.gov.au lists for FNS40820 and for its training package FNS (release 8.2), with the name and date the register publishes for each file. We link them; we have not read them, and nothing on this page is taken from their contents.

Is FNS40820 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNS40820 sits on your own scope today, or what else on that scope has moved without anyone noticing. Enter your RTO number and we read every product on your live scope against training.gov.au and tell you which ones are superseded and which replacements the register flags not equivalent.

Public code, nothing else. We read your live scope from training.gov.au and answer here — we keep neither the code nor the answer; what remains is the two-minute abuse counter described on our privacy page.

Whether a supersession requires anything of you, and what, sits with you and your regulator. This page maps what the register records; it does not make that judgement. If the difference between an equivalent and a non-equivalent replacement is the question, we wrote it up in equivalent vs not equivalent.

What FNS40820 is made of

training.gov.au lists 19 units for FNS40820: 8 core and 11 elective. The register does not publish a completion rule in units for this product, so we do not state one. How many of the electives are required is in the packaging rules on training.gov.au.

Core units 8 listed

CodeUnitIn this product
BSBPEF501Manage personal and professional developmentcurrent
FNSCUS511Develop and maintain professional relationships in financial services industrycurrent
FNSFMB411Prepare loan applications on behalf of clientscurrent
FNSFMB412Identify client needs and present broking optionscurrent
FNSFMK515Comply with financial services regulation and industry codes of practicecurrent
FNSINC411Conduct work according to professional practices in the financial services industrycurrent
FNSINC412Apply and maintain knowledge of financial products and servicescurrent
FNSSAM411Sell financial products and servicesnot current

Elective units 11 listed

CodeUnitIn this product
BSBESB401Research and develop business planscurrent
BSBOPS304Deliver and monitor a service to customerscurrent
BSBOPS404Implement customer service strategiescurrent
BSBPEF402Develop personal work prioritiescurrent
BSBTEC301Design and produce business documentscurrent
FNSASIC301Establish client relationship and analyse needsnot current
FNSASIC302Develop, present and negotiate client solutionsnot current
FNSCRD401Assess credit applicationscurrent
FNSCRD402Establish and maintain appropriate securitynot current
FNSFMB511Implement credit contracts in preparation for settlementcurrent
FNSSAM403Prospect for new clientsnot current

Core and elective are the register's own flags on the unit grid of the release read here. "Not current" means training.gov.au no longer recommends that unit for use inside this product — it does not say anything about the product itself.

Source: this product on training.gov.au, Australia's national training register — or go straight to the units it requires. The rule itself is item 14 of F2025L00355, and ASQA publishes the extensions it has granted. Read on 14 October 2026 UTC. Every code, title, date, status and equivalence flag on this page is the register's; nothing here is estimated or inferred, and where the register publishes nothing we say so.

Every FNS training product on the register · Search all training products

Take this with you — one email with this page's clock as the register states it today. Nothing scheduled after it.

No account, no card. Your address gets this one email — no list, no marketing. Cutoff alerts only ever come from a watch you start yourself — the box just records your yes now — and every alert has a one-click stop.

Is FNS40820 still on your scope? Type your RTO code and get the free breakdown — every superseded product on your live scope, and whether the register flags each replacement equivalent.

No account, no card. We never ask for anything about your learners. Your address gets this one report — no list, no marketing — and the scope watch only if you tick the box, with one click to stop it.