Why paraplanners are more important than ever

Why paraplanners are more important than ever

clock • 4 min read

The radical changes announced in the Budget serve as a timely reminder of just how crucial the paraplanner's role is in supporting advisers. IRESS' Sophie Hall explains

Getting the right blend of cost, efficiency and service is more important now than ever, and these business drivers look set to become even more prominent as the dust settles following the changes announced in the Budget. As firms seek to maximise the time their advisers spend with clients and substantially reduce administration costs, the role of the paraplanner is becoming ever more central to how advice businesses operate. Utilising experienced paraplanners appropriately and having a seamless link between them and the adviser will be key to long-term success for firms in today's new w...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

'Huge amount' of AI hyperbole among industry

'Huge amount' of AI hyperbole among industry

‘Everyone is talking about AI, but no one really knows everything yet’

Isabel Baxter
clock 09 May 2024 • 1 min read
Pension dashboards demand systems built to scale up rapidly

Pension dashboards demand systems built to scale up rapidly

7.5 million people might log in within the first few days alone

Paul Muir
clock 08 May 2024 • 7 min read
Advisers can boost client communication by embracing AI

Advisers can boost client communication by embracing AI

Effective utilisation of AI offers great potential client benefits

James Tucker
clock 01 May 2024 • 4 min read