2nd April 2020

COVID-19 and the impact upon your business

With business running costs being further complicated by regulatory fees, FSCS cash calls and increasing PI costs, will/ is your business being impacted by Covid19?

It would be very helpful to the future of financial advice if you could complete this very quick ‘blood test’ on the impact of Covid19 on you and your business. We will share the results with the media, FCA and other relevant parties.

The survey includes just 14 questions and will take approximately 5 minutes of your time.

Panacea Surveys

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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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