Ethical Decision Making and Ethical Dilemmas in Financial Counselling A Taster Presented by Dr. Barbara Meddin A.A.B.A., M.S.W., Ph.D., F.S.P.S.W.,L.M.I.P.A.A./WA For The Financial Counselling Association of WA Tuesday October 24, 2017 These materials are the intellectual property of Dr.. Barbara Meddin and cannot be used without her written permission

WHAT WORD POPS INTO YOUR HEAD About how you feel about when you hear the words Ethical Decision Making or Ethical Dilemmas That arise in your work as a Financial Counsellor? Remember - This is about how you feel not what you think Property of Dr.. B Meddin, not to be used without her written permission 2

Ethics and Ethical Decision Making and Ethical Dilemmas Let’s be sure we’re all on the Same Page These materials are the intellectual property of Dr.. Barbara Meddin and cannot be used without her written permission

Two Type of Ethics (and Values) Personal – are the ethics and values you personally hold that guide your actions and decisions in your personal life Work Related - are the ethical standards and principles defined by the Financial Counselling Association, the sector (gov’t, non gov’t, and private sector agencies) and your profession to guide your behaviour and decision making at work These materials are the intellectual property of Dr.. Barbara Meddin and cannot be used without her written permission

Ethics in the context of Financial Counselling A system of moral principles and perception of right and wrong in respect to your actions as a financial counsellor or as a member of your professional association that guides your conduct and decision making These materials are the intellectual property of Dr.. Barbara Meddin and cannot be used without her written permission

Code of Ethics An explicit statement of the values, principles, and rules of your organization or your profession These materials are the intellectual property of Dr.. Barbara Meddin and cannot be used without her written permission

is not immediately apparent Ethical Dilemma The need to make a decision in which one can envision more than one equally good (or equally bad) option and the correct decision is not immediately apparent These materials are the intellectual property of Dr.. Barbara Meddin and cannot be used without her written permission

So What are some of the What Ethical Dilemmas. Do You So What are some of the What Ethical Dilemmas Do You You Face in Your Work? These materials are the intellectual property of Dr.. Barbara Meddin and cannot be used without her written permission

The Ethical Principles and Values your Work as a Financial Counsellor What are The Ethical Principles and Values that Guide your Work as a Financial Counsellor These materials are the intellectual property of Dr.. Barbara Meddin and cannot be used without her written permission

Some Ethical Principles and Values that Guide my Work Life Worth and Dignity of All Human Beings Appropriate use of Confidentiality Best Interest of Vulnerable Persons is Paramount Empowerment Equal Access and Opportunity Safety of Individual is Paramount Duty of Care Right to Self to Determination (qualified by risk of harm to another) Natural Justice/Due Process/Procedural Fairness Eliminating Dependency These materials are the intellectual property of Dr.. Barbara Meddin and cannot be used without her written permission

What would you do in this situation? Why? These materials are the intellectual property of Dr.. Barbara Meddin and cannot be used without her written permission

Where to From Here What else will you need to do to help you effectively deal with making ethical decisions and the ethical dilemmas you face as a financial counsellor? These materials are the intellectual property of Dr.. Barbara Meddin and cannot be used without her written permission