This year’s conference will take place on Thursday 23 May with a dinner the night before. The venue is in Kenilworth near Warwick and the content includes many speakers and sessions requested by paraplanners. Full details of the programme are available on the IFP site here and you can also book online. I hope to see many of you there.
Wizard Learning has been a supporter of this site for many years, especially with the Paraplanner of the Year, and we are pleased to return the favour with this post from them about the additions to their CPD system.
CPD must be more than just ticking the CPD boxes
The financial news element of our CPD SYSTEM provides advisers with concise and unbiased reporting of financial services related news and regulatory developments.
We research and analyse core information from a variety of sources including HMRC, FSA, ONS, government websites and press reports over the month. We then prepare a succinct online summary of the previous months most relevant finance related news and deliver this to you at the end of the month, together with a 10 question assessment to confirm your understanding. This counts as 1.5 hours of structured CPD each month. [click to continue…]
Would a Summer gathering of paraplanners at a teepee-based professional powwow tempt you?
I’m contemplating the creation of a paraplanner-only event where outsourced and in-house paraplanner tribes can mingle and share tales of best practice, swap stories and listen to opinion-leading chiefs.
An informally enlightening and entertaining event where paraplanners can meet with paraplanners and confer about the challenges facing our profession.
An event that is independent of any professional bodies and takes place in the Summer months.
In the countryside.
In a teepee.
(With a feast, of course.)
A Paraplanners Powwow.
Find out more here.
The annual award is back for its fifth year and registrations are now being taken. The closing date for entries is 24 September and the main award includes a cash prize of £1,000 and a full attendance package at the IFP Conference in October. You could join the previous winners and also find out more information on the site here.
I am Richard Allum and I am standing for election to the Board of the IFP.
I am a paraplanner; a role that – just ten years ago – barely existed.
Ten years from now, I hope it will enjoy professional respect in all quarters of the financial services community and beyond.
But this is not a self-serving ambition.
I believe that, with its increasing presence in the delivery of advice for financial planning practices, paraplanning must aspire to standards of professional conduct and competence that are at least as demanding as those for financial advisers themselves – and be seen to achieve them.
For financial planning professionals to inspire consumer trust and confidence in financial advice, they must be able to rely on professional standards of paraplanning which they can trust.
A significant presence among the IFP’s growing membership, is a generation of paraplanners who – more often than not – are young, eager to learn and bring a wealth of ideas and perspectives to the financial planning community.
And, by their association with the IFP, this generation is clearly mindful of the importance of professionalism. [click to continue…]
Wizard Learning have been supporters of The Paraplanner and in particular Paraplanner of the Year and have launched a new RDR online course which provides support for:
- Qualifications – exactly what advisers will need in the new world and how long they have to complete their training
- Gap fill and CPD – the new standards for CPD are fully explained
- The workings of SPS
- Independent or restricted – full information translated in as simple as possible terms to enable you to make an informed decision and keep your firm on track once the decision is made
- Avoid or prepare for a potential VAT pitfall
- Understand the vulnerabilities and how you can protect trail income
- Thought provoking discussion on service proposition to help yours to evolve
- Capital adequacy, what you need to be ready for
- Record keeping that will make sure you can complete your Gabriel returns with ease.
This is a useful CPD resource and you can find out more information here.
threesixy has announced some more events which are open to all paraplanners and will take place in several locations throughout the UK. You can find out more and reserve a place here.
The IFP has announced details of this year’s conference taking place on 24 May in Nottingham. Last year’s event was a great success and this year it looks even better with some great speakers lined up.
Having said that, the best thing about this event is the chance to meet other paraplanners from all sorts of backgrounds, share experiences and make lasting contacts. I’m going and it would be good to see and meet as many of you as possible.
If you are going please add a comment below and we can say hello. Full details are available here.
Over the weekend we moved the site to a new, faster server in advance of some new features. Unfortunately we ‘lost’ some of the users who joined the forum during February and also all forum posts this month too. Sorry about that. If you try to log in and can’t please sign up again and then follow these instructions.
Wizard Learning has been very helpful to this site over the years and has just published a new presentation on this subject. With the RDR implementation date less than 12 months it is well worth watching and can be found here to make sure you are aware of the professionalism and gap fill requirements that advisers need to have in place by 1 January 2013.
The presentation covers all these professionalism and gap fill requirements:
- Appropriate and transitional qualifications
- Accreditation and accredited bodies
- Identifying knowledge gaps and gap filling
- Statement of Professional Standing (SPS)
- CPD requirements
- CPD and gap fill solutions