15th February 2013

Panacea Adviser supports Paraplanners with new dedicated zone

London, 15 February 2013 – Panacea Adviser (Panacea), the online community and resource for independent and restricted financial advisers, supports the ever more important paraplanner community with a new dedicated paraplanner section: the Paraplanning Zone.  

The new zone has been exclusively developed to provide tailored resources, advice and forums to the paraplanning community.  Panacea decided that with the role of paraplanners evolving to incorporate more active engagement with clients and an increased role in the advice process, more specific resources should be offered to this growing community. 

In addition to offering support to paraplanners, the Paraplanning Zone will also be a place where advisers can liaise directly with paraplanners in order to forge mutually beneficial relationships with their adviser counterparts. 

Derek Bradley, CEO of Panacea Adviser, commented:

“RDR has expedited the already expanding nature of the paraplanner’s role. The RDR’s new regulations require increased accountability and documentation behind the advice process, making paraplanners more indispensible to advisers than ever before. In recognition of this, we have created a place where paraplanners can turn for resources specific to their role and where advisers can come to find paraplanners. We are confident that our online community will benefit tremendously from this expansion.

“If it wasn’t for paraplanners in this ever-complicated regulatory world, clients could not be so well served. Although larger adviser firms see huge value in paraplanners and often employ their own, many smaller adviser firms may not fully appreciate that engaging with the paraplanning community presents a huge time saving opportunity to embrace yet is a vital, yet often confusing part of the business to resource.”

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