FNS51215 Diploma of Insurance Broking

Supersededtraining.gov.au: supersededNonEquivalent

The currency period for FNS51215 ended on 2 November 2020 — 5 years ago. It names one replacement below, with the equivalence it declares for each.

Transition clockClosed to new enrolments

New enrolments are not permitted from 4 November 2021 — one year from the date the replacement was included on the National Register (s 14(1)(a)(i) of the National VET Regulator (Compliance Standards for NVR RTOs and Fit and Proper Person Requirements) Instrument 2025 (F2025L00355, in force 1 July 2025)), or from a later date if ASQA has approved otherwise for your organisation.

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).

The same date closes a second obligation: under s 7(2)(c) of the same instrument, advertising may refer to a superseded product only while it is on scope and new enrolments are permitted. When enrolments stop, the course page advertising it stops being permitted too — 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Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule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
2 November 2020
Latest release
Release 3 · 13 February 2018 · 3 releases in all
Supersedes
FNS51210
Superseded by
FNS51220 not 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. FNS51215Superseded — not equivalentDiploma of Insurance Broking
  2. not equivalent
  3. FNS51220CurrentDiploma of Insurance 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.

  • FNS51210FNS51215not equivalent24 March 2015

    Updated to meet Standards for Training Packages. Significant changes to qualification packaging rules. Total number of units reduced from 13 to 10. Prerequisites updated

  • FNS51215FNS51220not equivalent3 November 2020

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

Is FNS51215 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNS51215 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 — nothing is stored unless you ask us to watch it.

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 FNS51215 is made of

training.gov.au lists 31 units for FNS51215: 7 core and 24 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 7 listed

CodeUnitIn this product
FNSIBK406Deliver professional insurance broking servicesnot current
FNSIBK507Review service performancenot current
FNSIBK508Implement changes to broking client's insurance programnot current
FNSIBK512Negotiate complex claims settlement for insurance broking clientnot current
FNSIBK513Prepare a submission for new businessnot current
FNSIBK514Manage a complex risk portfolio for a broking clientnot current
FNSIBK515Monitor broking client requirements and establish loss control programsnot current

Elective units 24 listed

CodeUnitIn this product
BSBCOM503Develop processes for the management of breaches in compliance requirementsnot current
BSBCUS501Manage quality customer servicenot current
BSBFIM501Manage budgets and financial plansnot current
BSBINM501Manage an information or knowledge management systemnot current
BSBMGT502Manage people performancenot current
BSBMGT516Facilitate continuous improvementnot current
BSBMGT517Manage operational plannot current
BSBMKG501Identify and evaluate marketing opportunitiesnot current
BSBRES401Analyse and present research informationnot current
BSBRSK501Manage risknot current
BSBSLS502Lead and manage a sales teamnot current
BSBWOR501Manage personal work priorities and professional developmentnot current
BSBWOR502Lead and manage team effectivenessnot current
FNSASICY503Provide advice in insurance brokingnot current
FNSCUS504Manage premium customer relationshipscurrent
FNSINC402Develop and maintain in-depth knowledge of products and services used by an organisation or sectornot current
FNSINC503Identify situations requiring complex ethical decision makingnot current
FNSINC504Apply ethical frameworks and principles to make and act upon decisionsnot current
FNSINC602Interpret and use financial statistics and toolsnot current
FNSRSK501Undertake risk identificationnot current
FNSRSK502Assess risksnot current
FNSSAM501Apply advanced selling techniques to selling of financial products and servicesnot current
FNSSAM502Assess market needsnot current
FNSSAM503Monitor market opportunitiescurrent

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 28 August 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

Is FNS51215 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.

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