As the Institute of Financial Planning hosted its first ever Paraplanner conference this week, Rahul Odedra took a closer look at how the adviser/paraplanner relationship works at IFA Informed Choice...
Executive director Nick Bamford "Despite being a chartered financial planner and having more than 20 years’ experience as an IFA (38 years in financial services in all), I have concluded that no individual has a monopoly on the best advice and it is very dangerous indeed for financial advice to be delivered entirely by one person. Working as a team to generate a consensus view of best advice before it is delivered to the client makes real sense. That way, all of the relevant experience, qualifications and knowledge of the team can be combined to ensure suitability of advice. In fact...
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