The British Standard BS8577 recognises firms with efficient and transparent financial planning services. It aims to help clients identify firms that are achieving 'best practice'. Dorset-based MFP Wealth Management became the first financial planning firm to be awarded the new BS8577 accreditation when it was first launched. In this film from 2013 Justin King, MFP founder, explains what the standard focuses on and how it complements the requirements of the RDR.

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