National IFA Positive Solutions plans to build an internal paraplanner service this year in a bid to free up time for its 1,500 partners to develop their businesses and customer relationships.
Partners will be able to outsource certain tasks, such as researching products and preparing client files, to individuals who will be familiar with the company's compliance rules and sales processes, CEO Jim Reeve says. Benefits to partners would include support with research and report writing, reduced administration and improved business submission times. Partners would also likely be offered a choice of how to pay for the service, including pay-as-you-go, per case or per month. Reeve says Positive Solutions could still decide against building a proposition, which could launch as...
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