Benefits
The benefits of using a paraplanner are clear:
- Professional support to free up time for the advisers, which can be spent servicing existing clients and obtaining new clients.
- Contact point for insurance companies and someone to keep up to date with new products and features.
- A professional to discuss ideas and advice planning issues with.
- Support for both the adviser and the sales support team.
The benefits of outsourcing your paraplanning needs are also clear:
- Flexible service to use as your workflow demands.
- Fresh way of thinking, which can help your firm become RDR friendly and enable an increase of professionalism and consistency in processes.
- Reports which are personal to your company and each adviser.
- Lower costs compared to employing a permanent paraplanner.
- No sickness or holiday pay and no National Insurance contributions.
- No training needs or exam costs.
