Paraplanners lean into AI to boost client outcomes

Scottish Widows research finds paraplanners increasingly utilising AI

Jenna Brown
clock • 2 min read

Paraplanners view artificial intelligence (AI) as a tool to help transform the service they offer customers by lightening their workload, Scottish Widows research has found.

The survey of 200 paraplanners revealed that 64% believe AI tools will be useful in their role – this was up from 42% a year ago. The provider also highlighted that this increased to 84% in the under-30s age bracket, "indicating greater positivity around AI in the upcoming generation of paraplanners". It said the survey results dispelled the myth that paraplanners feared AI would replace their jobs. Usage of AI also increased with 13% of paraplanners reporting the use of AI tools in their day-to-day activities, up from 10% last year. Some 57% said they were interested in using AI. ...

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 in financial advice starts with data that's fit for purpose

AI in financial advice starts with data that's fit for purpose

'The firms that benefit most from AI will be those that fix their foundations first'

Luke Miles
clock 26 March 2026 • 4 min read
Adventures in AI: Where next for AI in advice?

Adventures in AI: Where next for AI in advice?

Part three in the series...

Mike Morrow
clock 25 March 2026 • 4 min read
Can small advice firms still compete in a tech-driven market?

Can small advice firms still compete in a tech-driven market?

When AI is finally cracked in the context of financial advice, the competitive advantages will be enormous. The question is whether the economics of the technology market will let smaller firms share in them, writes Max Anderson

Max Anderson
clock 25 March 2026 • 3 min read