Paraplanner

Edinburgh, Scotland, United Kingdom

12/14/2024

Department: Wealth

Location: Edinburgh, UK

Compensation: Up to £50,000 / year

Description

As a Paraplanner you will support the firm's Financial Planners, creating and compiling quality financial planning reports and conducting research on financial strategies, plans, and products.

Key Responsibilities

• Support the Financial Planners in research and analysis to meet client needs and objectives.


• Prepare client financial plans and suitability reports/letters for Financial Planners – including annual reviews, new business, or ad hoc advice reports.


• Prepare documentation to be held on file or included within reports, as applicable, to support the recommendation and justify the provider and product recommended.


• Manage the presentation of technical data to the Financial Planners.


• Compile cash flow models when required as part of the advice process.

For full details of the role responsibilities, please see the attached job description.

Skills, Knowledge and Expertise

• CII Diploma in Financial Planning/Regulated Financial Planning as a minimum with an interest in working toward Chartered Status.


• Proven experience in a paraplanning role gained within an advisory practice.


• Overall knowledge of key areas of financial planning and advice - including investment planning, pre/at retirement planning, personal and business protection; and estate/Inheritance Tax planning.


• A good understanding of technical calculations and confident to work on these independently e.g. bond chargeable gains, pension carry forward etc.


• Understand and apply FCA suitability requirements.


• Ability to interpret complex planning into clear, concise and personalised reports.

Benefits

• 30 days holiday plus public holidays


• Wellbeing day


• Birthday holiday


• Volunteering day


• Private medical insurance, 24/7 digital GP and health advice


• Employee assistance programme providing support for your mental and physical health


• Group pension scheme


• Life assurance scheme


• Eyecare vouchers


• Family leave


• Hybrid working


• Referral scheme