There is an increasing demand for professionally qualified technical support within the Financial Services sector. The role of the Paraplanner is to assist the Financial Adviser in researching, analysing & preparing compliant financial reports for clients that verify the recommendations made in accordance with the company investment philosophy.
Successful completion of this standard will result in demonstration of full competence as a fully qualified Paraplanner.
This apprenticeship is ideal for those who are already working in the Financial Services industry and are looking to progress into a Paraplanning role. It can also support an organisations graduate programme.
Features and Benefits
As a Skills Edge student you will benefit from:
Course Structure Overview
Key Learning Outcomes
Financial Services market
Demonstrates a deep understanding of the structure of the Financial Services market, including the role of the financial adviser, the paraplanner, product providers, support services & platforms.
Regulatory & compliance
Full understanding of the Financial Services regulatory framework, and the ethics and key principles of the advice process. Comprehensive knowledge of the systems and controls that are in place to protect the client and the company. Demonstrates full adherence to these systems and controls.
Demonstrates an in-depth understanding of both financial products & financial planning tools. Can analyse which type and features of the financial products are appropriate to the client’s needs.
Systems & Processes
Understands and utilises all systems and processes required to deliver the role objectives. Has sophisticated awareness of how these fit within the wider company and the financial advice profession.
Consistently adheres to systems & processes using proficient IT skills, including risk, regulatory and governance requirements.
Quality service delivery
Consistently develops and delivers excellent service to customers, colleagues & advisers, supporting the products & services provided and adhering to TCF principles at all times. Has excellent attention to detail & provides a quality assurance check for the adviser firm.
Customer communication & relationships
Develops effective and enduring relationships with customers & key contacts through effective verbal/written/IT skills. Can handle & resolve issues. Can write reports that includes the necessary technical language but articulates in a way that client’s understand.
Team working & collaboration
Understands role within team & impact on others. Consistently endeavours to support colleagues & collaborate to achieve results.
Planning & prioritising
Demonstrates relevant level of skills to be able to provide thorough research & analysis. Can plan & prioritise work effectively in order to deliver good outcomes for both the customer & the business.
Full information on all outcomes for this course can be found on the Institute for Apprenticeships & Technical Education website.
As part of this apprenticeship, apprentices will achieve the CII Certificate in Paraplanning.
This will be made up of:
R01 Financial Services, Regulation and Ethics
R02 Investment Principles and Risk
R03 Personal Taxation
If you are purely interested in obtaining your CII qualifications and not the wider apprenticeship outcomes, please check out our CII study support workshops: