Paraplanning (J09)

The financial planning profession has evolved in the last few decades, both in the UK and abroad. The role of the paraplanner has developed in tandem and it may be regarded as a profession in its own right. For the purposes of this study text, a paraplanner is someone who works with a financial planner in providing bespoke financial advice and services.

The core financial planning team typically consists of a financial planner who is responsible for the financial advice given to the client, a paraplanner who provides technical and other support and an administrator who generally has a non-technical role.

A paraplanner’s role may include managing the advice process within the core team, scheduling the key stages, overseeing all aspects from fact-finding and advice formulation, to producing the financial planning report and implementing the agreed actions.

The study text looks at the regulatory, legal and ethical frameworks of paraplanning. It then considers the client’s personal and financial circumstances. The financial planning requirements of the client are also considered before looking at the provision of potential solutions.

Building a successful career in personal finance

Paraplanning (J09) is ideal if you are aspiring paraplanners or if you are currently practising as a paraplanner in the UK and looking to build your technical knowledge and planning skills. Those who do not hold additional CII credits counting towards completion of the Diploma in Financial Planning.

Purpose

At the end of this unit, candidates should be able to demonstrate an understanding of:

• the regulatory, legal and ethical frameworks of paraplanning;
• the client’s personal and financial circumstances;
• the financial planning requirements of the client;
• providing potential solutions.

Assessment

• Three written coursework assignments, each typically 2,000 to 3,000 words
• For purchases on, or after, the 02/08/2021, 12 month enrolment with assignments due at 9 months
• The pass rate for those completing the unit in full is currently 78.5%
• The pass mark is 65%

Units treated as equivalent

Due to the extent of syllabus overlap, certain combinations of current and withdrawn units will result in only one award of credits.

If a withdrawn equivalent is held you may not need to complete a current unit in order to satisfy a qualification's completion rules. Clarification should always be sought from CII Customer Service.

Find out more about credit awards for equivalent units

Course delivery

Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.

Study material – editions available

Enrolment (12 months)