IFAs without paraplanners 'in battle to survive'

The London-based firm says advisers should incorporate paraplanners into the daily running of the company to “keep the advice market healthy, and businesses in profit”. Managing director Sheriar Bradbury says many IFAs regard paraplanners as “a cost too far” but points out they can be instrumental in ensuring a firm’s compliance and success. “An experienced paraplanner can take on roles such as running investment review services and managing junior staff, all in all, they are seriously underutilised,” he says. “Particularly when you consider that in a TCF environment highly qualified ...