Assessor Resource
CHCFIN501A
Identify and apply technical information to assist clients with financial issues
Assessment tool
Version 1.0
Issue Date: May 2024
This unit is about the identification of technical information for application in a financial counselling context
Clients are provided with specific technical information and are supported to explore options and make decisions in the context of their overall personal situation
In order to qualify for the ASIC exemption from the delivery of financial service contained in the Financial Services Reform Amendment Act (2003) a financial counsellor must be eligible for membership of the financial counselling association recognised in their State or Territory
Financial counselling operates from a strengths-based and client-focused model
This unit describes the application of legal and technical information required by financial counsellors as a basis for assisting individuals to make informed decisions relating to present and future financial issues
You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)