Category: Paraplanner
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PFS Guide Enhances Suitability Report Writing for Financial Professionals
The Personal Finance Society (PFS) Paraplanning Panel recently unveiled a comprehensive guide aimed at assisting members in crafting effective suitability reports. This guide, meticulously curated by industry experts, outlines essential components necessary for clients to make informed financial decisions. It delves into various aspects of suitability report writing, covering language nuances, report structure, risk assessment,…
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Viridian Financial Group Enhances Efficiency Through Strategic Alignment
When it comes to the synergy between mortgage broking and financial planning businesses, the alignment goes beyond just sharing similar goals. Glenn Calder, joint CEO at Viridian Financial Group, emphasizes the importance of philosophical alignment between the two organizations. After Viridian acquired Smartmove Professional Mortgage Advisors, Calder highlights three key elements – technical, people, and…
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Paraplanner.com Delivers 570+ Statements of Advice in Just Four Months
Between May and August 2025, the Paraplanner.com team achieved a major milestone — successfully completing over 570 Statements of Advice (SoAs) for a large Licencee in South-East Queensland. This large-scale project highlights not only the capability and dedication of our paraplanners but also our ability to scale operations efficiently while maintaining high-quality standards. A Milestone…
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Power Struggles and Betrayals Unfold in ‘Sons of Anarchy
The latest episode of “Sons of Anarchy” titled “Darthy” was a rollercoaster of emotions and power plays. The episode kicked off with Jax reflecting on what it means to be a man and the responsibilities it entails. Bobby’s confession about the home invasions set the stage for a dramatic club decision. The tension was palpable…
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Innovative AI Software Templi Transforms Financial Report Writing
Templi, an innovative AI-powered software solution, has recently emerged in the financial sector, particularly targeting paraplanners and advisers. This cutting-edge platform revolutionizes the process of generating suitability reports by leveraging AI-enhanced templates, enabling users to create comprehensive reports in a matter of seconds. Solutions Architect’s Handbook: Kick-start your career with architecture design principles, strategies, and…
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Paraplanner Challenges Industry Beliefs on SOA Cost Efficiency
An experienced paraplanner has challenged the industry’s view on the effectiveness of Statements of Advice (SOAs) in cutting service fees. Hayley Knight, director of Contract Paraplanning Services, emphasized that eliminating SOAs may not be the ultimate solution to cost efficiency, as research indicates that SOA costs are a small fraction of overall advice fees. The…
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ASIC Prioritizes Monitoring Offshore Outsourcing Risks in Financial Services
When the ASIC recently released its FY25 corporate plan, some were surprised to see “monitoring the use of offshore outsourcing arrangements” high on the regulator’s list of strategic priorities. Nestled among mainstay goals like improving consumer outcomes and driving consistency and transparency was the regulator’s plan to advance data security by enhancing business, cyber, and…
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Experts Stress Importance of Precise SoA Preparation in Finance
When it comes to preparing a Statement of Advice (SoA), the key lies in including only what is necessary. Effective communication between financial planners and paraplanners is crucial in this process. Rhett Das, the director of Integrity Compliance, emphasized the importance of understanding what the law requires in an SoA. Many financial planners overlook ASIC’s…
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Woman of the Year Linda Elkins Shines at Wealth Awards
A prestigious event, the Women in Wealth Awards 2024, celebrated the outstanding achievements of women in the financial industry. Linda Elkins, a distinguished figure in the superannuation sector and National Sector Leader at KPMG, emerged as the Woman of the Year, also clinching the Superannuation Professional of the Year award. Elkins’ advocacy for female super…
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Active Chartered Financial Planners Boost Team with Strategic Hires
Active Chartered Financial Planners recently announced new hires in their team, welcoming Craig Honeyman and Lauren Lee onboard. This move signifies a strategic step towards enhancing their advisory services and strengthening their paraplanning expertise. Smart Money Strategy: Your Ultimate Guide to Financial Planning | $25.93 Founded on the principles of sustainability, profitability, and client-centricity, Active…