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.