Category: Paraplanner
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Regulatory Gap: Paraplanners Excluded from SMCR Oversight Raises Concerns
The Senior Managers and Certification Regime (SMCR) was established to mitigate risks posed by employees of advisory firms who have the potential to cause harm. Firms are required to conduct an annual certification process to ensure these employees are fit and proper for their roles. However, paraplanners are currently excluded from this process, despite their…
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Survey Reveals Vital Role of Paraplanners in Financial Advisory
Paraplanning plays a crucial role in the financial advice sector, contrary to common misconceptions that limit their responsibilities to drafting statements of advice. The Paraplanner Hub’s 2023 survey shed light on the diverse tasks paraplanners undertake, including SOAs, modelling, records of advice, research, and data entry. The Operational Excellence Library; Mastering Financial Planning Software |…
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Akambo Financial Planning Partners with Paraplanner.com Amid Rapid Growth
MELBOURNE, August 28, 2025 — Akambo Financial Planning has announced a strategic partnership with Paraplanner.com as the firm continues its strong growth trajectory and looks to strengthen adviser support across its expanding network. View More – https://www.paraplanner.com.au/akambo.html The move comes as Akambo experiences a surge in demand for financial advice, driven by heightened client expectations…
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Hybrid Paraplanner/Adviser Roles: A Career Stepping Stone
Hybrid paraplanner/adviser roles have become a topic of interest in the financial industry, sparking discussions on whether they offer a beneficial career move. These roles often provide a blend of responsibilities, allowing individuals to work from home on some days while still engaging in office-based tasks. For paraplanners eyeing a transition to becoming financial advisers,…
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New Financial Planning Apprenticeship Standard Elevates Industry Standards
A new combined apprenticeship standard for financial planning and paraplanning is set to be implemented, marking a significant development in the financial advice sector. The level four standard is designed to streamline the pathway into these professions by integrating core knowledge and occupation-specific models. This initiative, led by Tom Hegarty, chair of the New Talent…
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Career Paraplanners Transforming Financial Advising Landscape with Specialized Expertise
The rise of the ‘career paraplanner’ has seen a significant shift in the roles of financial advisers, with many professionals transitioning to this specialized field. This evolution has been driven by factors such as improved earning potential and expanded career opportunities, prompting a growing number of IFAs to make the switch. Becoming a Paraplanner: A…
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Gender Gap Narrows in Paraplanning, Signaling Financial Industry Progress
The gender gap in the field of paraplanning has shown a promising trend, with data revealing a 16 percentage point difference between male and female professionals in this role. This statistic sheds light on the evolving landscape of the financial industry and the strides being made towards gender equality within specific job functions. Becoming a…
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New Talent Alliance Enhances Financial Planning Apprenticeships in UK
The New Talent Alliance, an industry-led initiative, has introduced a revised Level 4 Apprenticeship Standard in Financial Planning and Paraplanning in the UK. This initiative aims to enhance access to careers in financial planning and provide essential support and training for entry-level talent in the industry. Becoming a Paraplanner: A Comprehensive Guide to the Profession…
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Paraplanners Empowered to Choose Career-Aligned Firms for Growth
Paraplanners are currently in a favorable position within the job market, with the flexibility to choose the right firm for their career path. Caroline Stuart, the founder of Sparrow Paraplanning, highlighted the growing trend where paraplanners have the autonomy to select firms that align with their professional goals and skill sets. Becoming a Paraplanner: A…
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New Talent Alliance Launches Enhanced Financial Planning Apprenticeship Standard
The New Talent Alliance has recently introduced a revamped Level 4 Apprenticeship Standard in Financial Planning and Paraplanning in the UK. This initiative, led by industry experts, aims to enhance opportunities in financial planning careers and provide essential training for aspiring professionals. Becoming a Paraplanner: A Comprehensive Guide to the Profession | $0.00 Tom Hegarty,…