FSA-approved alternative IFA standard launched

clock

A new standard for financial planners supported by RDR chief Amanda Bowe has been launched by UK certification body Standards International.

The internationally recognised ISO 22222 standard is an optional scheme for firms and individual advisers. Bowe gave her support to the scheme in September when she said ISO 22222 "could provide an alternative or even complementary standard" for advisers post RDR. According to Standards International, ISO 22222 specifies the “ethical behaviour, competences and experience required of financial planners”. In September, Melanie Blackmore, of Standards International, said: “It [ISO 22222] is an award of competency that recognises the experience and existing qualifications financial planners...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Firms with £500bn in AUM call for DE&I advancements

Firms with £500bn in AUM call for DE&I advancements

Rathbones, Sarasin & Partners and Scottish Widows sign statement

Patrick Brusnahan
clock 06 June 2025 • 1 min read
Professional Adviser TV: Behavioural psych to 'rapidly' become an advice essential

Professional Adviser TV: Behavioural psych to 'rapidly' become an advice essential

Dan Haylett and Louis Williams discuss the future of behavioural finance

Professional Adviser
clock 06 June 2025 • 1 min read
Neil Woodford to charge up to £70 a month to access portfolio platform

Neil Woodford to charge up to £70 a month to access portfolio platform

W4.0 launches

Cristian Angeloni
clock 06 June 2025 • 1 min read