Six Sigma in Financial Planning Practices

Six Sigma in Financial Planning Practices

Six Sigma in Financial Planning Practices To many people, Six Sigma is ‘something done in manufacturing’. To me having spent six months obtaining my Black Belt and reviewing the processes within my own paraplanning business, I totally disagree. Although 6 Sigma has its roots in the 1980’s it has been applied successfully within the services … Continue reading Six Sigma in Financial Planning Practices

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Outsourced Paraplanning – Effective Suitability Reports

  Building on Outsourced Paraplanning (Effective Suitability Reports), in which Rory Percival sets out his concerns over suitability report letters, ATEB Consulting’s Steve Bailey presents a few of the more common issues that the compliance firm discovers in adviser files put together without the aid of a qualified paraplanner.    1 – Reports being twice … Continue reading Outsourced Paraplanning – Effective Suitability Reports

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Outsourced Paraplanning – Evidencing Suitability of Financial Advice

Outsourced paraplanning is not just about writing reports, it is about ensuring the whole advice file evidences the suitability of the financial planning advice. We get that every financial planning file will not need to include every point below, however, by being methodical and process-driven we ensure every point is considered and completed if and … Continue reading Outsourced Paraplanning – Evidencing Suitability of Financial Advice

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Transferring Defined Benefit Pensions

Defined benefit pension transfers have landed many financial advisers in hot water with the financial regulator (FCA). Indeed the FCA seems to be raising concerns daily regarding the transfer of defined benefit pension schemes. Although this planning is in place to allow people to benefit from “Pension freedoms” many advisers still seem to forget that … Continue reading Transferring Defined Benefit Pensions

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Paraplanning Costs - Outsourcing Fees

Paraplanning Costs – From £40 per hour

In order to keep paraplanning costs down, the Paraplanning Hub offers outsourced paraplanning fees from £40 per hour. The Paraplanning Hub pricing plans have been designed with your busy and growing financial planning practice in mind. We are here to help you quickly and efficiently deploy additional Paraplanning resources to enable you to meet the needs … Continue reading Paraplanning Costs – From £40 per hour

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Outsourced Paraplanning – Demonstrating Suitability

The reason for paraplanners, including us outsourced paraplanners, is, in essence, quite a simple one; to evidence suitable financial advice. Financial Advisers are experts in getting to know the financial planning needs of individuals and coming up with robust financial plans, they are, on the whole, not so good at evidencing this advice on a … Continue reading Outsourced Paraplanning – Demonstrating Suitability

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