BS 9222:2007 provides guidance on the application of BS ISO 22222:2005 Personal financial planning. BS 9222 also makes recommendation as to the most appropriate methods of assessment of the procedures, ethical behaviour, competences and experience of individual financial planners including the extent to which academic or vocational qualification should be taken into account.
Attention is drawn to the fact that BS ISO 22222 is applicable to all personal financial planners regardless of their employment status and that this British Standard therefore has the same breadth of application.
Because BS 9222 has been drafted for use in parallel with BS ISO 22222, this standard contains only summary of the requirements of BS ISO 22222 for the purpose of establishing an unambiguous relationship between the requirements and related application/assessment guidance.
There is a view amongst consumers that accredited independent third-party certification provides the most reliable method of conformity assessment and thus protection for, consumers. Therefore,
BS 9222 has been prepared in a manner that will facilitate and support the assessment process, whether first-party, second-party or independent third-party, applied.
