UK Paraplanning

About Befree : Trusted by over 700 businesses, we are one of the largest bookkeeping companies in Australia & UK. We deliver best practice bookkeeping, accounts and payroll solutions tailored to your business needs. Our services are tailored to your business needs and are designed with a long-term approach. We provide a full range of services bookkeeping and accounting services at a price that wont break your budget. For more details visit : www.befree.com.au The Role of the Paraplanner The Paraplanner role may be broken down into four key parts: A. Preparing and maintaining the client file B. Preparing recommendations C. Implementing recommendations D. Review A. Preparing and maintaining the client file : GenerallytheFinancialPlannershouldcollectthequalitativeinformation(clientattitudes,life goalsetc)leavingtheparaplannertocollectallthequantitativedetailedinformationrequiredto compile a financial plan. The Paraplanner may attend client meetings. Specific activities include: • Check all compliance paperwork is present • Confirm client risk profile is determined • Discuss client objectives with planner •Identify and obtain the information necessary to compile financial cash flow forecast • Compile draft net worth statement; income and expenditure statements and financial cash flow forecast and discuss with planner. B. Preparing recommendations: Identify areas for planning • Undertake research both independently and with the Financial Planner to identify suitable solutions to meet the clients needs • Prepare information/comparisons for analysis by planner • Liaise with clients providers. • Consider current and future allocation of assets for investment strategy with regard to client risk profile • Generate quotes and illustration online from respective providers • Generate quotes and illustration Online from respective providers • Prepare draft recommendation reports to be discussed/signed off by planner. C. Implementing recommendations: Prepare suitability letters in accordance with the agreed recommendations • Complete application / proposals forms • Ensure all compliance paperwork is in order • Make changes to clients investments as instructed •Implement the chosen investment strategies • Learn and execute the re-registration processes D. Review Act asmain point ofcontact anddealeffectively with queries from clients andother parties through effective communication • Establish and build strong relationships with clients and attend client meetings with planner if required • Preparing client valuations • Organise future planning meetings with client • Review investment portfolio, asset allocation, risk profile etc • Send planning figures toclient for update and revision in preparation for next meeting •Initiate review meetings with clients • Liaise with providers for fund valuations Key skills/Experience Required • Understanding of the Financial Planning process • Experience 2 years and above • Masters & Bachelors degree in business Finance, M.Com, CFP or a related field • Ability to achieve agreed outcomes without supervision • Priorities and plan own workload • Detailed and accurate • Quick adaptability of learning clients back office and analytical systems. • Articulate • Excellent interpersonal skills, both written and verbal • Ability to multitask and prioritize effectively • Good IT skills • Good report writing skills • candidates should be ready to adapt all other duties that the company sees fit and relevant to the business requirements. Desirable • Broad knowledge of financial services world • High level of technical knowledge • As the UK market is always demanding for quality work, you should continuously upgrade your knowledge through continuous reading (in free time) or with the help of your seniors. Job Timings: 10:30 AM To 7:30 PM (1st sat ,3rd sat & 5th sat off) Salary: As per Industry standards.