New IFA quality mark launched

BS 8577 (‘Framework for financial advice and planning services') sets out what the BSI calls "good practice for managing an adviser firm and effectively supporting the provision of advice and planning services". The new standard has been developed with industry, professional experts and consumer representatives including the Chartered Insurance Institute, Which?, Standards International, the Personal Finance Society and the Institute of Financial Planning. Gavin Tisshaw, chairman of the BSI sub-committee and financial planner at EAS IFA, said the new standard was being launched at "a ...