Representatives of the UK financial adviser industry are meeting with international colleagues in Berlin this week to agree terms for a globally-recognised financial adviser standard.
A UK committee for ISO financial planning standards, along with the British Standards Institute, are gathering with representatives from financial planning bodies all over the world to establish the first ISO standard - apparently known as the ISO 222222 or 'six twos' – which not only seeks to build a specified standard of financial adviser competency and business acumen but which for the first time ever will create an ISO standard applicable only to the individual and not the firm. Current ISO specifications for other product or service sectors would require a company to meet whatever ...
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