Nine independent financial advisory businesses were celebrating last night after securing a Gold Standard award.
Informed Choice, Investment Quorum, Torquil Clark, Mearns & Company, Clarity Independent Financial Advisers, Wingate Financial Planning, Mazars Financial Planning, Braemar Wealth Management and Churchouse Financial Planning all received the coveted award at a ceremony at the House of Commons on Wednesday evening.
Introducing the awards, which are in their ninth year, was Lord Hunt of the Wirral, who served as the first ever chairman of the Association of Independent Financial Advisers.
Nick Bamford, executive director of Informed Choice, said: "We're very pleased. It is a very tough judging process. In all we submitted some 1,000 pages of documentation to support our claim that we merited a Gold Standard."
About the awards
The awards are aimed at financial services companies and take into account financial strength and assess attributes such as capability to conduct business, fair value, as well as service standards clients can expect. The awards are designed to identify companies that not only have strong structures and procedures in place, but are going above and beyond standard business practices to promote trust in the financial services sector.
All the winners
Gold Standard for Fund Management
J.P. Morgan Asset Management, Santander Asset Management UK, BlackRock, Neptune Investment Management, M&G Investments
Gold Standard for Protection
Zurich, Friends Life, LV=
Gold Standard for Insurance
Gold Standard for Group Pensions
Scottish Life, Friends Life
Gold Standard for Individual Pensions
Scottish Life, LV=
Gold Standard for Discretionary Portfolio Management
Brooks Macdonald Asset Management
Gold Standard for Independent Financial Advice
Informed Choice, Investment Quorum, Torquil Clark Ltd, Mearns & Company, Clarity Independent Financial Advisers, Wingate Financial Planning, Mazars Financial Planning, Braemar Wealth Management (NW), Churchouse Financial Planning
£92bn transferred since 2015
Achievements, charity work and other happy snippets
Since first announcement