To my way of thinking, there are two answers to this. The goal is to have a mounted blade-edge that is exactly co-planar with the sole of the plane and in so doing will give a flat, even cut.
Typically, the cutter is foot-shaped and tilted very slightly so that the cutting edge is presented at a slight angle to the work. Normally the foot of the blade is flatted and polished as you would with the back of a chisel - without a back -bevel. The upper side, the top-bevel is then honed to a cutting edge. At this point you have a 'chisel on a stick'.... as it were, titled forward at about 2 - 4 degrees.
If the mounting pillar on the router and the blade-shank are perfectly aligned in the vertical plane this is as far as you need to go. Sharpen and hone that top bevel and plane away.
However, in reality, very few router planes and their interchangeable blades are like this, so there may be an alignment issue at the meeting point of the cutting edge and the work, which if it isn't rectified, will give an uneven and streaky finish because one edge will be slightly higher than the other. At this point you may adjust it by honing away a section of the bevel so that it is all level and co-planar with the sole, or introduce a slightly-tilted back bevel to correct and achieve the same result.
Continuing the back-bevel issue, to my way of thinking, is that of the angle. If you have one it must be less than the inclination of the blade's foot otherwise it will not cut and maintaine that way evermore. It's further complication in life that we can do without.
I have the similar Record version of that Stanley router and sure enough, even with a Lie-Nielsen blade, as well-made as it is, there's a slight misalignment.
My solution was to correct it solely on the upper bevel because in future sharpening I only have one thing to worry about - the top bevel - not two bevels plus the angle of the back bevel..
If it's a newly acquired router, it may be worth a little basic fettling as well..... some routers were better made than others during the decades that they were in production. It may help to look at the mating surfaces where the blade's back and the inside parts of the mounting pillar meet; make sure that they are good, clear and flat, without bumps in the plating that will prevent the blade sitting firmly in its working position. A minute amount of interference in this area can shove a good blade out of alignment and make it prone to loosening in action.
Hope that this helps...