The pandemic has further opened the door for outsourced paraplanners who are no longer so confined by geography. Cherry Reynard speaks to a number of advisers and paraplanners about the growing trend and explores the debate between flexibility and cost
For many, the greatest long-term change from the pandemic will be agile working. Company bosses have been forced to loosen their grip on employees, allowing them to work from home at their own pace and in their own way. This new-found flexibility may also change the way advice firms operate and, specifically, the extent to which they make use of outsourced administration and paraplanning services. Outsourcing paraplanning and other back office functions has been an option for advisers for some time. There is also increasing choice as more and more outsourced paraplanners have entered t...
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