Other Citywire websites
Stay connected:

View the article online at http://citywire.co.uk/new-model-adviser/article/a645797

Does your paraplanner pass the RDR test?

by Abraham Okusanya on Dec 14, 2012 at 13:54

Does your paraplanner pass the RDR test?

The role of paraplanners has evolved significantly in the last few years and it has accelerated as we approach the retail distribution review (RDR).

However, views are still divided on the value they offer. Some advisers see paraplanners as no more than glorified administrators while others value their technical expertise and regard them as professionals in their own right.

Paraplanners carry out a range of activities, but which ones do advisers really value? With the RDR now close on the horizon, will paraplanners become more or less valuable?

What professional standards and technical expertise do advisers expect from paraplanners? Will the RDR aftermath see new pressure on paraplanners to reach a mandatory level of qualification?

To start answering these questions I have put together a two-minute survey. Have a look!

Abraham Okusanya is the principal at outsourced paraplanners and investment analysts FinalytiQ.

4 comments so far. Why not have your say?

John Burchett

Dec 14, 2012 at 15:32

It would be more useful for journalists to be qualified and subject to the same rules IFAs are. That woul help the public more than the other rubbish ideas civil servants and the FSA have come up with.

report this

richard libberton

Dec 14, 2012 at 15:44

not this debate again.....

report this

Xiang Xhi

Dec 14, 2012 at 16:11

I agree with John. The financial press does little to help the industry on occasions.

report this


Dec 14, 2012 at 16:42

Hi Richard, this is not meant to be a debate, although I see nothing wrong with that.

The point of the article ( and survey) is it would be good to put a number on the proportion of adviser who use a paraplanner (or not), think they are professiionals (or not) and what advisers expect in terms of professional standards etc.

report this

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

Blogs sponsored by:


Latest Blogs

More about this article:

What others are saying


Sorry, this link is not
quite ready yet