Compliance specialist Bankhall has partnered with The Timebank to launch an outsourced paraplanning service.
The service provides advice firms with access to experienced paraplanners who are qualified to level 6. The options for firms range from a full hourly rate bespoke service, which effectively replicates an employed paraplanner, to a fixed price modular approach where firms choose from a menu of services. Bankhall head of business development Jon Barham said he had seen an increasing demand for paraplanning support from advisers. "The Timebank has a highly qualified team and over 15 years' experience in the paraplanning sector. After conducting a thorough review of the market, it was...
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