Masterclass: How to make sure your paraplanner is a good fit

If sources are to be believed, paraplanners have been multiplying like rabbits. In January, CoreData predicted that the number of advisers outsourcing technical and research based work would rise 16% by the end of the year, a supposition bolstered by the recent rise in Personal Finance Society (PFS) registered paraplanners to 2,000, or 6% of all members. The reason for this, argues managing director of Facts & Figures Simon Webster, is obvious. “Paraplanners are cheaper to feed than financial advisers. If I’m doing work that someone else could do for less then I’m losing money; that i...