Michelle Hoskin says Paraplanners should avoid thinking of themselves as 'second-class citizens' within a Financial Planning firm and recognise their value.
The Financial Conduct Authority has fined JP Morgan International Bank Limited £3.076m for systems and controls failings relating to its provision of retail investment advice and portfolio investment services.
Justin Urquhart Stewart, founder of Seven Investment Management, believes financial services should be given higher status compared to accountants and solicitors.
Two in three Paraplanners are female and 46 per cent earn £30,000 a year or more, according to a survey by the IFP of the sector to coincide with today's third annual IFP Paraplanning Conference.
Paraplanners will be making their way to Warwick today and tomorrow (22-23 May) for the Institute of Financial Planning's third annual Paraplanner conference.
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