Investment Quorum wins Gold Standard Award
At the Houses of Parliament yesterday Investment Quorum ably demonstrated our desire to constantly improve and to be assessed in all that we do as were awarded our twelfth successive Gold Standard Award. We have not missed out on an award since 2007 as well as having been Highly Commended in 2004 and 2006. Recognised as incredibly tough awards to win with only a handful of financial advice firms ever achieving the high standards required for the award the whole team is feeling very proud of this achievement.
The Gold Standard awards have been championing higher standards in financial services for 14 years and are designed to identify financial services companies that are going above and beyond standard business practices, the awards not only take account of a company’s capability to conduct business, but assess standards of service, financial strength, fair value and trust, as well elements such as culture and social responsibility.
As the financial services sector in the UK continues to evolve, a Gold Standard award offers an increasingly important measure of whether a company is playing its part towards a more sustainable financial services sector.
Commenting on this year’s awards, Deborah Benn, Chair of the Judging Panel said:
“A backdrop of economic uncertainty following the Brexit decision has not been easy for entrants as they focus on the impact going forward. So those entrants who have made it through the process should be congratulated on passing what has been a very stringent year in terms of judging. A common thread of those that have achieved Gold Standard status is the clarity of their proposition and, importantly, how processes and services are developed and adapted to fit clients’ needs rather than shoehorning clients into inflexible structures. There was also a strong sense of social responsibility present in this year’s batch of entries, which impressed the judges.”
To achieve a Gold Standard Award, companies have to complete a rigorous questionnaire designed to assess progress in four pillars – capability, service, fair value and trust. The fifth pillar, financial strength is assessed by AKG. Entries are assessed by an independent panel of judges. Only those companies demonstrating that they are going above and be-yond standard procedures in order to meet the high levels of excellence set are considered for the award.
Entrants are judged on the wide ranging criteria detailed by the Chair of the judges above and are open to UK-based financial services groups or specialist financial companies offering their own products and services.
Should you wish to know more about the Gold Standard Awards and how difficult they are to achieve you can find out more at http://www.goldstandardawards.com/
Investment Quorum is authorised and regulated by the Financial Conduct Authority .
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