Paraplanning demand on the rise
Paraplanning demand on the rise
Demand for skilled paraplanners has increased significantly as advisers deal with soaring admin time in the face of regulatory change, an industry education provider has said.
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Monarch Institute chief executive Nick Chapman said the group had launched a new advanced diploma course in paraplanning off the back of demand from advice practices for entry-level staff who were trained in the practical aspects of advice and could hit the ground running.
“Advisers are no longer able to ‘do everything themselves’ because the advice delivery process has evolved beyond its simple beginnings to a highly sophisticated, complex and at times confusing infrastructure,” Mr Chapman said.