MORE INFORMATION:
FCAN Financial Counsellors NSW - Membership

Our Membership Categories are:

ACCREDITED MEMBERS – VOTING

Eligibility Criteria:

  • Currently working (paid or unpaid) as a Financial Counsellor for a financial counselling agency.
  • Successful completion of CHC52108 - Diploma of Community Services (Financial counselling) or, CHC51002 - Diploma of Community Services (Financial Counselling) or, CHC51115 - Diploma of Financial Counselling, or, CHC51122 - Diploma of Financial Counselling.
  • Completion of twenty four months full time or thirty six months part time practical experience under close supervision of an FCAN Approved Supervisor.
  • Successful completion of the FCAN Accreditation process
  • Must have an approved ongoing Supervisor who is an Accredited Financial Counsellor and provides regular supervision as per Supervision Policy.
  • Only Accredited members can provide Supervision (see Supervision Notes below).
  • Currently employed or volunteering for a financial counselling agency.
  • Employer must be covered by Professional Indemnity Insurance.
  • Must act without a conflict of interest.
  • Must not accept a fee for service.
  • Must meet annual Continuing Professional Development requirements.
  • Payment of an annual subscription fee as set by the FCAN Board.
ASSOCIATE MEMBER – NON-VOTING

Eligibility Criteria:

  • Currently working (paid or unpaid) as a financial counsellor for a financial counselling agency.
  • Successful completion of CHC52108 - Diploma of Community Services (Financial counselling) or, CHC51002 - Diploma of Community Services (Financial Counselling) or, CHC51115 - Diploma of Financial Counselling.
  • Associate members are working towards their Accredited member status. Associate members can apply to undertake the Accreditation process after completing 2 years fulltime work or 3 years part time work as a financial counsellor. (Contact the FCAN Office to start the process).
  • Associate members must have an FCAN Approved Supervisor that provides regular supervision as per Supervision Policy.
  •  Employer must be covered by Professional Indemnity Insurance.
  • Must act without a conflict of interest.
  • Must not accept a fee for service.
  • Must meet annual Continuing Professional Development requirements.
  • Payment of an annual subscription fee as set by the FCAN Board.
STUDENT (formerly TRAINEE ASSOCIATE) MEMBER – NON-VOTING

Effective date 1 January 2024

Eligibility Criteria:

  • Student (formerly Trainee Associate) currently working (paid or unpaid) as a financial counsellor for a financial counselling agency while studying the Diploma in Financial Counselling.
  • This category of Student member has an FCAN Approved Supervisor that provides regular supervision as per Supervision Policy or a workplace mentor who is an Accredited Financial Counsellor. (This will depend on their progress through their Diploma studies).
  • Employer must be covered by Professional Indemnity Insurance.
  • Must act without a conflict of interest.
  • Must not accept a fee for service.
  • Must meet annual Continuing Professional Development requirements.
  • Payment of an annual subscription fee as set by the FCAN Board.
STUDENT (non practicing) MEMBER – NON-VOTING

Effective date 1 January 2024

Eligibility Criteria:

  • Student studying the Diploma in Financial Counselling but not employed or volunteering as a Student (Trainee) Financial Counsellor. 
  • Payment of an annual subscription fee as set by the FCAN Board.
AFFILIATE MEMBERS - NON-VOTING

Eligibility Criteria:

  • Financial Capability Workers
  • Agency Managers
  • Diploma in Financial Counselling trainers not working as a Financial Counsellor
  • Long serving members who want to remain affiliated and 
  • wish to continue to be involved.
  • Organisations or people affiliated with other State and Territory associations who want to be affiliated with FCAN.
  • Members unable to fulfil requirements for other categories. 
  • Payment of an annual subscription fee as set by the FCAN Board.

Note: Non-practicing Affiliated members wanting to return to Accredited status need to complete a proficiency test and/or complete updates on training to bring skills and knowledge to the required level.

CREDIT ADVOCATES - NON-VOTING
Eligibility Criteria:
  • Persons who are lawyers, members of the Supreme Court of NSW, who have been working in the field of credit and debt for the twelve (12) months immediately preceding their application for membership.
  • Have no conflict of interest in that field.
  • Are not employees of, or advisers to a credit provider.
  • Do not charge either directly or indirectly a subscription for service for credit and/or debt advice.
  • Satisfactorily fulfil requirements set by the FCAN Board, and whose application for this class of membership is approved by the Committee.
  • Payment of a subscription as set by the FCAN Board.
LIFE MEMBERS
Eligibility:
  • By nomination only as per the Constitution and By-Laws of the Financial Counsellors’ Association of NSW Inc. (FCAN).
  • A Life Member shall practice as a Financial Counsellor only whilst s/he maintains Accreditation.
  • No payment of annual subscription fee as per Constitution.
  • Persons who are or have been Financial Counsellors.
  • Have consented to nomination by two (2) Financial Counsellors, whose nomination has been recommended to a general meeting of members by the Board, and approved by a simple majority of those members entitled to vote. The number of Life Members at any time shall not exceed five percent (5%) of members entitled to vote.
  • Can have voting rights if they maintain their Accreditation.
INFORMATION ABOUT SUPERVISION
  • Supervisors must be Accredited members of FCAN, and be practising financial counsellors, with a minimum of three years (equivalent full time) experience. The FCAN Board has the discretion to appoint accredited members as FCAN supervisors where the applicant demonstrates the experience and skills required.
  • Accredited financial counsellors wishing to become supervisors make a formal application to the FCAN Board providing details of their financial counselling and supervision experience and recommendations from their supervisor or employer as to their suitability to the role of supervisor. 
  • Supervisors are required to complete an FCAN approved supervision course prior to undertaking the role and refresh their supervision skills at least every three years by undertaking FCAN approved courses.
  • Supervisors need to be subject to supervision themselves.