FNSINC503 Identify situations requiring complex ethical decision making

Supersededtraining.gov.au: supersededEquivalent

The currency period for FNSINC503 ended on 13 June 2022 — 4 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 15 June 2023 — 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The same date closes a second obligation: under s 7(2)(c) of the same instrument, advertising may refer to a superseded product only while it is on scope and new enrolments are permitted.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Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule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
Unit of competency
Training package
FNS — Financial Services Training Package
Currency period ends
13 June 2022
Latest release
Release 1 · 13 February 2018
Supersedes
nothing — no earlier product listed
Superseded by
FNSINC513 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. FNSINC503Superseded — equivalentIdentify situations requiring complex ethical decision making
  2. equivalent
  3. FNSINC513CurrentIdentify and apply complex ethical decision making to workplace situations

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.

  • FNSINC503FNSINC513equivalent14 June 2022

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

Is FNSINC503 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNSINC503 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.

Where FNSINC503 is used

training.gov.au lists FNSINC503 inside 41 training products, 6 of them current. Every one of them is below, with the register's own core or elective flag for FNSINC503 in that product.

Current products 6 listed

CodeTraining productTypeFNSINC503 is
FNS41820Certificate IV in Financial ServicesQualificationelective
FNS51120Diploma of General InsuranceQualificationelective
FNS51220Diploma of Insurance BrokingQualificationelective
FNS51920Diploma of Personal Injury and Disability Insurance ManagementQualificationelective
FNS60920Advanced Diploma of ParaplanningQualificationelective
FNSSS00013Business Ethics and Conduct Skill SetSkill setelective

Products no longer current 35 listed

The register still records FNSINC503 inside these, but it no longer recommends them as current. They are here because a scope history or an old enrolment can still point at them.

CodeTraining productTypeFNSINC503 is
FNS40120Certificate IV in Credit ManagementQualificationelective
FNS42020Certificate IV in Banking ServicesQualificationcore
FNS50217Diploma of AccountingQualificationelective
FNS50315Diploma of Finance and Mortgage Broking ManagementQualificationelective
FNS50320Diploma of Finance and Mortgage Broking ManagementQualificationelective
FNS50417Diploma of Payroll ServicesQualificationelective
FNS50615Diploma of Financial PlanningQualificationelective
FNS50715Diploma of SuperannuationQualificationelective
FNS50720Diploma of SuperannuationQualificationelective
FNS50815Diploma of Integrated Risk ManagementQualificationelective
Show the remaining 25 products no longer current
CodeTraining productTypeFNSINC503 is
FNS50915Diploma of Banking Services ManagementQualificationelective
FNS50920Diploma of Banking Services ManagementQualificationelective
FNS51015Diploma of Financial MarketsQualificationelective
FNS51020Diploma of Financial MarketsQualificationcore
FNS51115Diploma of General InsuranceQualificationelective
FNS51215Diploma of Insurance BrokingQualificationelective
FNS51315Diploma of Life InsuranceQualificationelective
FNS51415Diploma of Loss AdjustingQualificationelective
FNS51515Diploma of Credit ManagementQualificationelective
FNS51520Diploma of Credit ManagementQualificationelective
FNS51615Diploma of SecuritisationQualificationelective
FNS51815Diploma of Financial ServicesQualificationelective
FNS51820Diploma of Financial ServicesQualificationcore
FNS51915Diploma of Personal Injury and Disability Insurance ManagementQualificationelective
FNS52015Diploma of Personal TrustsQualificationelective
FNS60115Advanced Diploma of Insurance BrokingQualificationelective
FNS60217Advanced Diploma of AccountingQualificationelective
FNS60415Advanced Diploma of Financial PlanningQualificationelective
FNS60515Advanced Diploma of SuperannuationQualificationelective
FNS60615Advanced Diploma of Banking Services ManagementQualificationelective
FNS60620Advanced Diploma of Banking Services ManagementQualificationelective
FNS60715Advanced Diploma of Financial Licensing ManagementQualificationelective
FNS60720Advanced Diploma of Financial Licensing ManagementQualificationcore
FNS60815Advanced Diploma of Integrated Risk ManagementQualificationelective
FNS60820Advanced Diploma of Integrated Risk ManagementQualificationelective

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 FNSINC503 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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