ISO 22222:2005 Personal Financial Planning Certification

ISO 22222 is a globally agreed benchmark that assesses and awards financial planners who can demonstrate that they have the information, skills, experience and ethical values to deliver a first class service to their customers. By achieving the ISO standard it permits financial planners to demonstrate a commitment of adherence to a globally recognized benchmark, which has been founded on ethical performance and professionalism.

ISO 22222 specifies needs and gives a framework that applies to the ethical behavior, competences and experience of a professional personal financial planner regardless of their employment position.

ISO 22222:2005 has been created with the objective of achieving and promoting consumer confidence by providing an internationally agreed benchmark for a high worldwide standard of personal financial advice.

This standard specifies needs and provides a framework that applies to the ethical performance, competencies and experience of a professional personal financial planner, regardless of their employment position.

The core six steps of the personal financial planning procedure are:

• Establishing and defining the customer and personal financial planner connection
• Get-together customer data and determining goals and expectations
• Analyzing and evaluating the client’s financial position
• Increasing and presenting the financial plan
• Implementing the financial planning recommendations
• Monitoring the financial plan and the financial planning relationship.

Benefits of ISO 22222 Certification

• An alternative to exam-based assessment for those that would choose practical work-based assessment
• Gives an globally-recognized kite mark, recognizing that you are performing your role to an objectively measured standard of ability and competence
• Supports you identify developments through feedback
• Specifies to clients that you have adhered to an ethical code of conduct and completed relevant Continuing Professional Development