Paraplanner

Edinburgh, Scotland, United Kingdom

12/14/2024

Department: Wealth

Location: Edinburgh, UK

Description

Progeny is experiencing an exciting phase of growth and succession. Due to the continued success of our team in Edinburgh, a number of Paraplanning opportunities are available to support the growing portfolio and deliver excellent client outcomes. This is a great time to join the team as they continue to nurture existing relationships, whilst developing new ones and welcoming new clients.

As a Paraplanner you will provide vital support to the firm's Financial Planners, creating and compiling quality financial planning reports and conducting research on financial strategies, plans and products. Utilising your industry knowledge and excellent written communication skills, you will play a key role in supporting the values, goals, and aspirations of our clients.

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