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Explore the key aspects of continuous professional development for financial counselors through the FCRC program. Delve into the 4 E's - Education, Examination, Experience, and Ethics - as the building blocks. Understand the importance of regulatory, employer, and professional obligations as part of the CPD continuum. Discover the FCRC CPD program's focus on technical knowledge, skills development, and ethics, including areas like mental health, AOD, aged care, and more. Join us in shaping a confident and resilient financial counseling profession for the future.
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FCRC developing the profession Continuous professional development
The building blocks • Courtesy Dr June Smith 2013
The 4 E’s • Education • Examination • Experience • Ethics
Education • Developed and delivered and accredited by FCRC
Examination • Membership • compliance
Experience • Professional sponsorship • Mentoring • Student placements
Ethics Professional obligations to Clients The association (FCRC) Each other
3 main considerations • Regulatory obligation • Employer obligation • Professional obligation
Practice framework • Broad • Moves beyond legal issues • Is framed by the profession
FCA • National standards • Consistency • Code of Ethical practice • CPD into the future • Enables registration framework • Enables FC’s to work in all states/ territories
FCA 3 key areas of CPD • Technical knowledge • Skills development • Ethics
FCRC additional • Ethics • Mental health • AOD • Aged care / elder abuse • Documentation; case notes • Problem gambling financial counselling • other
So how do we measure up..? • Regulatory compliance • Employer obligations • Professional obligations