This unit describes the skills and knowledge that financial counsellors require to maintain standards of professional practice in the provision of financial counselling.

This unit applies to financial counsellors who work in agencies and organisations that meet the requirements for the Australian Securities and Investments Commission (ASIC) exemptions from holding a financial services or credit licence.

The skills in this unit must be applied in accordance with Commonwealth and State or Territory legislation, Australian Standards and industry codes of practice.

No occupational licensing, certification or specific legislative requirements apply to this unit at the time of publication.