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Description of BS 8577:2012 2012This British Standard specifies requirements for organizations offering financial advice and planning services. It applies to organizations or departments offering personal, corporate or business financial advice and/or planning services (e.g. distribution organizations, banks, building societies, whether independent or restricted) which operate, where applicable, within a regulated environment and recognized redress system. It is intended for implementation throughout the organization. It provides a structure to assist organizations in creating an environment that enables its personal financial planners (regardless of their employment status) to comply with the requirements of BSÂ ISOÂ 22222.
For organizations that do not offer personal financial planning services as outlined in BSÂ ISOÂ 22222, this British Standard provides an operational framework against which they can be assessed.
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About BSIBSI Group, also known as the British Standards Institution is the national standards body of the United Kingdom. BSI produces technical standards on a wide range of products and services and also supplies certification and standards-related services to businesses. |
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