BS8577 British Standards Accreditation x3

I'm delighted to announce that Green Financial has received its British Standards Accreditation for BS8577 for the third year running.

Green Financial was just the fifth firm in the UK to gain this charter mark.

What is BS 8577?

BS 8577 is the British Standard framework for the provision of financial advice and planning services for financial planning and advisory firms.

 

Rather than individual examination passes on subjects such as pensions or investments which all advisers have to have in order to practice, BS 8577 is the only professional quality standard within Financial Services to focus solely on the following key areas of business practice:

• Operational management;
• Objectives and policies;
• Management responsibility;
• Customer relationship management;
• Recruitment, training, development and ongoing competence; and
• Control of documents and records.

 

 

Developed by the British Standards Institution (BSI) with industry experts and consumer bodies, BS8577 is aimed at assisting firms and financial advisers operate efficient and transparent financial planning and advice services.

In today’s professional world thriving in business is about striving for and achieving ‘Best Practice’ and not just about delivering ‘Best Advice’.

 

The British Standards Institute (BSI) say they have "been successful in building a sustainable best practice operational framework for firms allowing them to create an environment their staff want to work in and a business their clients want to work with."