Paraplanners demand technology upgrades and 'better integration'

Majority believe the technology they use could be upgraded

Sahar Nazir
clock • 2 min read

Paraplanners are calling for improved technology and enhanced connectivity, according to the latest data from the Scottish Widows Paraplanner Survey.

The majority (64%) of paraplanners have said the technology they currently use could be upgraded and this was particularly the case among larger firms. This is according to an annual survey of 422 paraplanners from across the UK in June. When asked how their technology could be improved, paraplanners called for "better integration". The study suggested that improving technology could alleviate heavy workloads, which 59% of paraplanners said is the key barrier to them adding more value. However, one area where paraplanners may be getting short-changed is technology decision-making. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

AI firm to help advisers build suitability letters in five minutes

AI firm to help advisers build suitability letters in five minutes

‘First in the market’ tool launched to automate suitability letters

Isabel Baxter
clock 27 June 2024 • 1 min read
How tech can solve financial planning's biggest problems

How tech can solve financial planning's biggest problems

Evaluate processes from start to finish from the client's perspective

Scott Daniels
clock 24 June 2024 • 7 min read
The future of advice journeys: Creating a fully joined-up process

The future of advice journeys: Creating a fully joined-up process

All the parts of the chain must work together seamlessly

Nick Eatock
clock 18 June 2024 • 3 min read