Frequently Asked Questions
Here are answers to common questions
How can we benefit from using you?
How do you keep costs down?
We offer a restricted paraplanning service that includes a provider research report (using Capita Synaptic software) and a suitability report from our suite of templates. These are designed to simplify the report writing process (therefore saving time and ultimately cost to you) but do not compromise on quality and adhere to COBs 9.4 suitability report requirements.
The reports can incorporate your branding and will be personalised to your clients needs and objectives.
We also provide a SelectaPension report for any DB or DC pension transfer advice.
What information do you need?
We will require certain information from you prior to writing the suitability report, including:
- Fact Find
- Attitude to risk and capacity for loss results
- Existing scheme information form completed (if transferring an existing product)
- New business illustration
- Completion of our Paraplanning Submission Sheet
How do we provide you with the documentation?
How secure is the information I send you?
What areas of financial planning do you cover?
We can cover all areas of financial planning, these typically include:
- Pre-retirement planning
- At retirement planning
- Pension transfers (DB & DC)
- TVC analysis
- Investment planning
- Inheritance tax planning
- Personal and business protection planning
- Annual reviews
What are your turnaround times?
Who is responsible for the advice?
Outsource Your Paraplanning are not authorised or regulated by the FCA. You are responsible for the advice you give to your clients and for the content of the reports and research we produce.
How much will it cost?
We work on a fixed fee, pay as you go basis. A copy of our fee schedule is available here: Schedule of Fees (download 95.8kb)
Do you charge a retainer?
If you still have unanswered questions
Or you need anything clarifying then please contact us.