28th February 2018

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Are advisers losing visibility with the next generation?

Spot the Difference: 72,000 Names, But No Paraplanners

The FCA Register lists over 72,000 individuals across advice, mortgage, and compliance roles — yet not a single paraplanner in sight. Given the critical part paraplanners play in shaping advice outcomes, from research to report writing, many are questioning whether it’s time for formal recognition. Could adding paraplanners to the FCA Directory or introducing a competency sign-off process help clarify accountability, or would it add unnecessary cost and complexity — especially for outsourced providers?

Should Paraplanners Be More Formally Recognised by the FCA?

Many paraplanners have expressed a desire for their work to be recognised as a profession in its own right, rather than simply a support function. Formal recognition could support that aim, reinforcing standards, career pathways and professional identity. We’d welcome your thoughts — whether a paraplanners, advisers or compliance professional — on how best to strike the right balance.

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