Paraplanner of the Year 2012

by Richard Allum on 29 August 2012

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 seeking election to the IFP Board. This is why.

by Richard Allum on 2 August 2012

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…]


New RDR online course

by Richard Allum on 27 June 2012

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.

{ 1 comment }

Paraplanner Masterclasses

by Richard Allum on 13 June 2012

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.



Paraplanner Conference 2012

by Richard Allum on 2 March 2012

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.


We lost some of you!

by Richard Allum on 26 February 2012

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.


Professionalism and gap fill requirements

by Richard Allum on 16 January 2012

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


Paraplanner Census

by Martin Vaughan on 15 November 2011


We’re pleased to announce that Paraplanner Census is back this month so please take part – your feedback is invaluable and we always put it to good use!

All you have to do is spare 15 minutes before midnight on Wednesday 23rd November – and we’ll enter you into our prize draw with a chance to win a luxury Christmas Feast Hamper, a Kindle with Wi-Fi or a £100 M&S voucher. [click to continue…]


How paraplanners can make a difference in volatile markets

by Martin Vaughan on 6 November 2011

The role of the paraplanner is gaining increasing prominence with a number of industry publications including sections for paraplanners.

Professional Adviser recently published a really interesting article under the heading ‘how paraplanners can make a difference in volatile markets’ which included comment from both an adviser and his paraplanner. It provided some interesting insights into how they work together and how the adviser has used paraplanners to his advantage.

You can read the whole article here

Many thanks to Professional Adviser for allowing us to republish the article.


2-minute survey 2

by Martin Vaughan on 31 October 2011

A big thank you to all those who took a couple of minutes to complete the first 2-minute survey a month ago. The results were interesting if not surprising showing that paraplanners still spend the majority of their time writing reports and undertaking research.

Risk profiling is an area which is getting increasing attention and in the second 2-minute survey there are a few very quick questions about risk profiling; it would great if as many paraplanners as possible could take a couple of minutes just to answer a few very simple questions.

For those that have not taken part already the link is below

If you know of any other paraplanners who may not have seen this, please feel free to send the link onto them also.

If you didn’t manage to complete the first survey (that takes only 30 seconds!) you can still do so by clicking the link below.

Thanks for your help