Choosing super investment options
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Introduction
In this activity, students learn about the different investment superannuation investment options they can choose and the risks and rewards associated with each. They work collaboratively to analyse the situation of 2 clients and provide advice on investment options they should choose at different life stages to balance risk and reward and maximise their retirement outcomes.
Achievement standard
By the end of Year 10, students analyse how economic indicators influence Australian Government decision-making. They explain ways that government intervenes to improve economic performance and living standards. They explain processes that businesses use to manage the workforce and improve productivity. They explain the importance of Australia’s superannuation system and its effect on consumer and financial decision-making. Students analyse factors that influence major consumer and financial decisions, and explain the short- and long-term effects of these decisions.
Students develop and modify a range of questions to investigate an economic and business issue. They locate, select and analyse relevant and reliable information and data from a range of sources. They interpret and analyse information and data to evaluate trends and economic cause-and-effect relationships, and make predictions about consumer and financial impacts. They develop an evidence-based response to an economic and business issue. They evaluate a response, using appropriate criteria to decide on a course of action. Students use economic and business knowledge, concepts, and terms to develop descriptions, explanations and reasoned arguments that synthesise research findings.
Content descriptions
Economics and Business Knowledge and Understanding
Factors that influence major consumer and financial decisions, and the short- and long-term consequences of these decisions. (AC9HE10K03)
The importance of Australia’s superannuation system and how this system affects consumer and financial decision-making. (AC9HE10K04)
Economics and Business Skills
Interpret information and data, explaining economic and business issues, trends and economic cause-and-effect relationships, and make predictions about consumer and financial impacts. (AC9HE10S03)
Develop and evaluate a response to an economic and business issue, using cost-benefit analysis or criteria to decide on a course of action. (AC9HE10S04)
Create descriptions, explanations and arguments, using economic and business knowledge, concepts and terms that incorporate and acknowledge and research findings. (AC9HE10S05)
Teacher resources
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Super investment options
Student learning resources
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Superannuation risks and returns
Which investment option is best?
Suggested activity sequence
This sequence is intended as a framework to be modified and adapted by teachers to suit the needs of a class group.
- As a class read the explainer, clarifying key terms and concepts.
- Risk
- Reward
- Volatility
- Conservative investment options
- Growth investment options
- Balanced investment options
- Students complete the worksheet.
- Use a grouping strategy to organise students into pairs.
- Explain the activity to students. It is recommended that each student develops advice for one client only. Pairs will then share their ideas and advice.
- Students complete the investigation.
- Invite students to share their advice with the class.
- Collect students’ written investment advice as assessment.
Note: This activity could be adjusted so that each student develops advice for both clients.