Paraplanner

Beyond Advice Group; Liverpool; On-site; GBP 40,000 - 60,000; Full time

Benefits offered by this job

9-day fortnight

25 days leave

Birthday off

Private medical insurance

Death in service 10x salary

Cash plan

Discount programme

Staff discount card

Study leave

Referral bonus

Discretionary bonus

Job summary

Beyond Advice Group is seeking a detail-oriented paraplanner in the UK to support financial advisers with pensions, investment advice and inheritance tax planning. You will prepare, research and draft reports and recommendations, ensuring compliance with FCA Consumer Duty principles.

The ideal candidate has at least 3 years paraplanning experience in a UK IFA, with knowledge of pensions, investments, protections and trusts, plus Level 4 Diploma in Regulated Financial Planning or equivalent.

Qualifications

• Minimum 3 years paraplanning experience in a UK IFA
• Experience with protection, pensions, bonds and trusts wrappers
• Experience with complex IHT products such as AIM and BR solutions
• Level 4 Diploma in Regulated Financial Planning or equivalent
• Solid understanding of FCA regulations, especially Consumer Duty principles

Responsibilities

• Prepare detailed financial plans, recommendations and suitability reports
• Conduct thorough research to support financial planning recommendations
• Ensure all reports conform to FCA Consumer Duty principles
• Maintain clear communication with financial advisers to understand client needs
• Ensure client files are accurate, up-to-date and complete
• Adhere to FCA regulations, internal procedures and policies
• Collaborate with the wider team to support client service delivery

Skills

Attention to detail

Financial planning knowledge

Communication skills

Organisational skills

Microsoft Office

Education

Level 4 Diploma in Regulated Financial Planning

Tools

Financial planning software

Microsoft Office

Job description

We are a leading Independent Financial Adviser (IFA) firm, committed to providing high-quality, tailored financial advice to individuals. With a strong focus on pensions, investment advice, and inheritance tax planning, our mission is to guide clients in making informed decisions that meet their long-term financial objectives. We prioritise the highest standards of professionalism and care, ensuring that all advice complies with FCA regulations, particularly in line with the FCA’s Consumer Duty principles.

Role Overview:

We are seeking a detail-oriented and experienced paraplanner to join our team. The ideal candidate will possess a strong understanding of financial planning principles and be able to provide essential support to our financial advisers. You will be responsible for preparing, researching, and drafting comprehensive financial reports and recommendations, with a particular emphasis on pensions, investment advice, and inheritance tax planning. Your attention to detail and your ability to communicate effectively with financial advisers will be key to your success in this role.

Key Responsibilities:

• Financial Report Preparation: Work closely with financial advisers to prepare detailed and accurate financial plans, recommendations, and suitability reports that meet client needs and objectives, with a strong focus on pensions, investment advice, and inheritance tax planning.
• Research & Analysis: Conduct thorough research to support financial planning recommendations, ensuring that all recommendations comply with relevant regulations, industry standards, and best practices.
• Adherence to FCA Consumer Duty Principles: Ensure that all financial advice and reports align with the FCA’s Consumer Duty principles, placing clients' best interests at the forefront of all recommendations and ensuring transparency and fairness.
• Communication with Financial Advisers: Maintain clear and professional communication with financial advisers to ensure a strong understanding of client needs and objectives, and to ensure the efficient completion of tasks and reports.
• Client File Management: Ensure that client files are accurate, up-to-date, and complete, maintaining a strong attention to detail at all times.
• Compliance & Regulatory Adherence: Ensure all work complies with FCA regulations, internal procedures, and company policies, maintaining a high standard of professionalism in line with industry expectations.
• Collaboration & Support: Work collaboratively with the wider team to ensure smooth client service delivery, providing assistance and support as required.

Key Requirements:

Experience & Qualifications:

• Minimum of 3 years of paraplanning experience within a UK IFA firm.
• Must have experience across a range or products and wrappers, such as, protection, pensions, bonds and trusts.
• Ideally have experience with complex IHT efficient products such as AIM and BR solutions.
• Industry qualifications such as Level 4 Diploma in Regulated Financial Planning (or equivalent) are essential. We will consider candidates who are close to this level but have the necessary experience.
• A solid understanding of FCA regulations, particularly the FCA Consumer Duty principles.

Skills & Abilities:

• Exceptional attention to detail and accuracy, ensuring all reports and recommendations are error-free and meet regulatory standards.
• Strong knowledge of financial planning fundamentals, particularly in the areas of pensions, investment advice, and inheritance tax.
• Excellent written and verbal communication skills, with the ability to explain complex financial concepts clearly and concisely to both financial advisers and clients.
• Strong organisational skills, with the ability to manage multiple tasks and deadlines efficiently.
• Proficient in financial planning software and Microsoft Office Suite. Personal

Attributes:

• A proactive, self-motivated individual with a high level of professionalism and integrity.
• Able to work independently as well as part of a team.
• A client-centric approach, ensuring the highest level of service is provided to clients.
• Ability to thrive in a fast-paced environment while maintaining accuracy and attention to detail.

Why Join Us?

• 9-day working fortnight - one additional paid day off every two weeks, with no increase to your daily hours and no impact on salary or holiday entitlement
• 25 days’ annual leave, plus your birthday off and all bank holidays.
• Paid leave during our Christmas shutdown period.
• Employer pension contribution of 5% of basic salary per annum via Salary Sacrifice (subject to auto-enrolment rules), with all employer National Insurance savings rebated into your plan.
• Death in Service cover equal to 10× basic salary.
• Private Medical Insurance for peace of mind and healthcare support.
• Cash Plan Scheme providing cover for dental, optical, and additional health checks and benefits.
• Circular Benefits Programme, offering a variety of discounts and salary sacrifice schemes to enhance everyday living.
• Beyond Staff Discount Card for exclusive partner offers.
• Financial support and study leave for further learning and professional qualifications.
• Referral bonus scheme rewarding successful introductions to new team members.
• Discretionary performance bonus scheme recognising individual and team contributions.