FNSIBK505A Undertake risk analysis for an insurance broking client

Supersededtraining.gov.au: supersededNonEquivalent

The currency period for FNSIBK505A ended on 23 March 2015 — 11 years ago. It names 3 replacements 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 25 March 2016. 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A second obligation follows from the same fact: under s 7(2)(c) of the same instrument, advertising may refer to a superseded product only while it is on scope and new enrolments are permitted.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Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule

For an ASQA-registered RTO that does not already hold it, adding the replacement to scope is a change-of-scope application to ASQA, with a fee set by law: A$200 application fee + A$1,100 assessment fee per application (up to 5 VET courses and 50 units of competency). RTOs registered by a state regulator, and ASQA delegates, sit under other arrangements. Source: NVR Fees Determination 2026, F2026L00814, from 1 July 2026 · read 5 September 2026.

Product type
Unit of competency
Training package
FNS10 — Financial Services Training Package
Currency period ends
23 March 2015
Latest release
Release 1 · 24 November 2010
Supersedes
nothing — no earlier product listed
Superseded by
FNSIBK513 not equivalent FNSIBK515 not equivalent FNSIBK514 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. FNSIBK505ASuperseded — not equivalentUndertake risk analysis for an insurance broking client
  2. not equivalent
  3. FNSIBK513Superseded — not equivalentPrepare a submission for new business
  4. not equivalent
  5. FNSIBK523CurrentPrepare submissions for new insurance broking business

training.gov.au publishes 3 replacements for FNSIBK505A. This rail follows FNSIBK513; the others: FNSIBK515, FNSIBK514. The transition clock above is computed from FNSIBK514, the replacement with the latest inclusion date — the reading most favourable to the provider.

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.

  • FNSIBK505AFNSIBK513not equivalent24 March 2015

    Unit no longer needed. Elements covered in 3 units - FNSIBK513, FNSIBK514 and FNSIBK515

  • FNSIBK505AFNSIBK514not equivalent24 March 2015

    Unit no longer needed as elements are covered in 3 units - FNSIBK513, FNSIBK514 and FNSIBK515

  • FNSIBK505AFNSIBK515not equivalent24 March 2015

    Unit no longer needed as elements are covered in 3 units - FNSIBK513, FNSIBK514 and FNSIBK515

Official documents on the register

What training.gov.au lists for FNSIBK505A and for its training package FNS10 (release 5.1), 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 FNSIBK505A on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNSIBK505A 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.

Where FNSIBK505A is used

training.gov.au lists FNSIBK505A inside 1 training product, which it no longer lists as current. It is below, with the register's own core or elective flag for FNSIBK505A in that product.

Products no longer current 1 listed

The register still records FNSIBK505A inside this one, but it no longer recommends it as current. It is here because a scope history or an old enrolment can still point at it.

CodeTraining productTypeFNSIBK505A is
FNS51210Diploma of Insurance BrokingQualificationelective

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 FNSIBK505A 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.