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The Register of Regulated Qualifications

View Unit : Support individuals to manage their finances

Unit
Unit Reference Number
D/601/7904
Qualification Framework
QCF
Title
Support individuals to manage their finances
Unit Level
Level 3
Unit Sub Level
None
Guided Learning Hours
20
Unit Credit Value
3
Date of Withdrawal
SSAs
1.3 Health and Social Care
Unit Grading Structure
Pass
Assessment Guidance

This unit must be assessed in accordance with Skills for Care & Development’s QCF Assessment Principles. Learning outcomes 2, 3 and 4 must be assessed in a real work environment.

Learning Outcomes and Assessment Criteria
Learning Outcome - The learner will:Assessment Criterion - The learner can:
1

Know how to access information and advice about financial affairs

1.1

Identify sources of information and advice about methods and services for managing personal finances

1.2

Identify sources of information and advice about benefits and allowances

1.3

Describe the role of others who may be involved in supporting individuals to manage their own finances

1.4

Describe how and when to access specialist expertise about managing financial affairs

1.5

Explain how to access advice on safeguarding against financial abuse

2

Be able to provide support for individuals to manage their finances

2.1

Identify legislation, codes of practice and agreed ways of working that apply when providing support to manage financial affairs

2.2

Work with the individual to identify the skills they have for managing their own finances

2.3

Identify an individual’s preferred methods and services for managing their finances

2.4

Provide support for managing finances in a way that promotes active participation and safeguards the individual

2.5

Contribute to records and reports about finances in line with agreed ways of working

3

Be able to contribute to applying for financial assistance

3.1

Provide support for an individual to check the benefits and allowances to which they are entitled

3.2

Contribute to completing forms and paperwork to apply for benefits or entitlements in a way that promotes active participation

4

Be able to contribute to reviewing support for managing finances

4.1

Agree with the individual the process and criteria for measuring the effectiveness of methods, services and support for managing finances

4.2

Work with the individual to evaluate methods, services and support for managing finances

4.3

Agree with the individual any changes to methods, services and support for managing finances

4.4

Provide feedback to an organisation or agency about the effectiveness of financial information or support

4.5

Explain the importance of providing feedback to organisations or agencies about any shortfalls in their financial services or support

Equivalent Units
There are no equivalences to display.
2.4.6.0L