Paraplanner - Birmingham
Salary: Up to £41,700 dependent on skills and experience
Hybrid Working with a Birmingham City Centre Base, working to a 40% office presence each month. Currently 2 days in the office per week
Your Paraplanner role:
*As a Paraplanner, you’ll work closely with Specialist Financial Advisers, supporting them and their clients through the delivery of holistic financial advice.
*We’re looking for someone with substantial experience in paraplanning or a background in directly advising clients—ideally in the capacity of an Independent Financial Adviser (IFA).
*You’ll focus on the more complex areas of financial planning, including estate planning, retirement planning, investment replacement and pension switching. In this role, you’ll provide robust technical support to ensure advice is both appropriate and fully evidenced, meeting Company standards. This requires a deep, up-to-date understanding of regulatory expectations and the ability to interpret and apply these confidently in practice.
What you’ll be doing as Paraplanner:
*Responsibility for preparing case documentation, conducting research, analysis (including estate planning, taking pension benefits, pension switching and investment replacement), relevant calculations and creating Suitability Reports to comply with internal and external compliance requirements based on the details of advice given, client circumstances and business standards.
*When required prepare application forms and product information packs to be used by a consultant during their presentation of advice meeting with a client.
*Ensure all service standards and KPIs are met
*Updating point of sale systems with data, notes and other information obtained either personally or by a consultant as required.
*Assist with providing a web based, telephone and email support helpline for complex cases
*Provide technical support and guidance to field-based staff for:
*estate planning advice
*investment replacement and pension switching
*pension and retirement advice
We’re looking for experienced Paraplanner:
*Level 4 Diploma in Financial Advice or equivalent (consideration will be given to part qualified candidates with suitable experience)
*Proven analytical and feedback skills
*Technically proficient in more complex advice areas such as estate planning, commercial advice, retirement and at retirement advice, replacement analysis for protection, investment and pension plans.
*Understanding of pension products
*Knowledge of annual allowance and lifetime allowance
*Have experience writing suitability reports and compiling client case files
*Be a quick learner, able to pick up different computer packages and be competent with Microsoft programs such as Outlook, Word, Excel and Exchange.
*Ability to communicate effectively with colleagues at all levels of the business
*Work well as part of a team and accept a shared responsibility for colleagues’ workloads, to ensure that workload imbalances are managed effectively and do not impact negatively on customer service
*A conscientious person, with a keen eye for detail
*Ability to self-motivate, work independently, demonstrate initiative together with an organised and flexible approach to work
Paraplanner Benefits:
*Annual Performance based Bonus – based on a mixture of company and personal performance
*28 days annual leave (plus 1 additional "culture day" & bank holidays) – increases to 30 days with 5 years’ service
*Company pension scheme - matched plus 2% (up to 10%)
*Free secure underground Birmingham city centre parking (available on weekends for personal use – subject to availability)
*Cashback and discounts on major brands in retail, leisure, health, and wellbeing
*Enhanced maternity & paternity pay
*2 volunteering days per year