GLOBAL BENCHMARK EN ROUTE FOR FINANCIAL PLANNERS: The upcoming International Standards Organization's 2222 standard is now in a final ballot, with the objective of achieving and promoting a globally accepted benchmark for individuals who provide the professional service of personal financial planning. This would be the first truly non-technical service standard for financial services.According to Stuart Kessler, managing director of RSM McGladrey Inc. and the chair of the ISO's blue ribbon committee on financing planning, "ISO 2222 will specify the ethical behaviors, competences and experience required of a professional personal financial planner. It describes and addresses the various methods of conformity assessment and specifies requirements applying to each of them."

His committee is made up of representatives of financial planners, banks, consumer protection bodies and research organizations, joined by financial planners who hold other designations such as the Personal Financial Specialist and the Certified Financial Planner. The experts come from 18 participating countries and 19 observer countries.

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