31 Jan 2017 | Posted In Money advice news

The Advice Services Alliance (ASA) launched a new revised Advice Quality Standard, at an important Parliamentary event chaired by Yvonne Fovargue MP today.

The new Advice Quality Standard builds on the increasingly high standards in the sector in advising clients on how to use the law to challenge decisions made against them and to ensure that their rights are protected. The ASA has brought the standard up to date with this brand new version, fully revised and designed for the 21st Century.

Yvonne Fovargue MP said: “The Advice Quality Standard is a quality mark which will help local services to demonstrate the good work they are doing, as well as giving assurance to those who are funding them. In my role as a Members of Parliament Chair of the APPG on debt and personal finance, I am all too aware of how complicated clients’ problem can be. The AQS gives a structure of consistency and continual improvement and will allow advisers to get on with their work of helping clients.”

The Advice Quality Standard is held by 700 advice services across England and Wales and from January 2017, the independent assessment has been against the revised version.