IFP Paraplanner Conference: £27k, 36 years old, female

Paraplanners are set to play a vital role in altering perceptions of the financial planning industry and driving change but who are they? Speaking at the Institute of Financial Planning (IFP) Paraplanner Conference, Gemma Davies, a certified financial planner with Bluefin Wealth management, cited new research by NMG Consulting, which highlights the demographic differences between IFAs and paraplanners. It showed the male-female split among paraplanners is 53%-47%, while 91% of IFAs are males. Meanwhile, at 36, paraplanners are on average 12 years younger than IFAs, and Davies insis...