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New standard

New standard

Standards International is set to launch a standard for support and admin staff working in the financial advice sector, founder Michelle Hoskin said.

The new standard would sit alongside the existing standards ISO 22222 – the standard for individuals – and BSA 8577 – the standard for financial planning firms.

Ms Hoskin said she was hoping the new standard would go live in 2016.

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She said: “I think what everyone has missed is what holds an advice firm together, which is the support team.”