Skip to content
International Adviser
  • Contact
  • Login
  • Subscribe
  • Regions
    • United Kingdom
    • Middle East
    • Europe
    • Asia
    • Africa
    • North America
    • Latin America
  • Industry
    • Tax & Regulation
    • Products
    • Life
    • Health & Protection
    • People Moves
    • Companies
    • Offshore Bonds
    • Retirement
    • Technology
    • Platforms
  • Investment
    • Equities
    • Fixed Income
    • Alternatives
    • Multi Asset
    • Property
    • Macro Views
    • Structured Products
    • Emerging Markets
    • Commodities
  • IA 100
  • Best Practice
    • Best Practice News
    • Best Practice Awards
  • Media
    • Video
    • Podcast
  • My IA
    • Events
    • IA Tax Panel
    • IA Intermediary Panel
    • About IA

ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

SIGN IN INTERNATIONAL ADVISER

Access full content on the International Adviser site, access your saved articles, control email preferences and amend your account details

[login-with-ajax]
Not Registered?

Lloyds subsidiary unveils resource hub for paraplanners

By Robbie Lawther, 10 Jan 23

To support a ‘vital and often overlooked part of our industry’

UK investment and retirement platform business Embark Group is launching The Paraplanner Room, a dedicated resource hub offering information and tools for paraplanners to better serve their businesses.

The resource was built in response to Embark’s Paraplanner Survey which revealed that the majority of paraplanners (85%) saw paraplanning as a career in its own right, with three quarters stating that their firm sees them as essential support for advisers.

The Paraplanner Room has a range of resources to assist paraplanners. The first edition covers how paraplanners will be vital to helping their firms deal with the demands of the incoming Consumer Duty, as well as covering the results of the survey into what paraplanners think about their role today.

The hub will also have the ‘tool box’ which provides paraplanners with instruments to assist in day-to-day tasks, such as the fees calculator that allows paraplanners to easily break down the fees charged on both an initial and ongoing basis on Sipps offered by Embark.

Ranila Ravi-Burslem, group intermediary distribution director at Embark, said: “We wanted paraplanners to be able to have access to resources helpful to serving their business needs just as financial advisers do with Embark’s adviser gateway. We are excited to introduce this in the form of The Paraplanner Room, for a vital and often overlooked part of our industry.

“Our aim is that The Paraplanner Room will help to further support paraplanners and address some of the concerns highlighted in our previous paraplanner survey. We look forward to continue developing this resource further to provide a much needed service for the paraplanners and the wider sector.”

In 2021, Lloyds Banking Group acquired Embark Group for £390m ($475m, €442m) to “address the attractive mass market and self-directed wealth segment”.

Tags: Embark Group

Share this article
Follow by Email
Facebook
fb-share-icon
X (Twitter)
Post on X
LinkedIn
Share

Related Stories

  • Latest news

    Nucleus survey shows advisers struggling with regulation

    Latest news

    Reports: Chancellor to shelve cash ISA allowance cuts

  • Sanlam to take over Moroccan insurer in $1bn deal

    Investment

    Jupiter buys CCLA in £100m deal

    How to save the pan European pension dream

    Latest news

    Aegon urges government to ‘move the dial on pensions adequacy’


NEWSLETTER

Sign Up for International
Adviser Daily Newsletter

subscribe

  • View site map
  • Privacy Policy
  • Terms and Conditions
  • Contact

Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.