Professional paraplanning support for financial advisers, from straightforward annual reviews to complex pension, Investment and Protection cases
We provide technical research, cashflow modelling and high-quality suitability reports, tailored to your firm’s style and processes. Whether you need ad-hoc support during busy periods or ongoing outsourced paraplanning, we can become an extension of your team.
Utilising our Paraplanning service can release valuable time which can be used to engage with more clients.
Outsourcing your report writing rather than employing a full time member of staff can result in significant savings in national insurance, holiday pay, pensions and all the usual costs associated with an employee. ComplyMe support can be as little or as much as you need, as our service is designed with the small to medium firms in mind. We aim to support you at any time you need it whether it be ongoing or ad-hoc advice.
ComplyMe can do the ‘work behind the scenes’ and let you focus on seeing more clients and potentially growing your business.
Typical charges
Every firm has slightly different processes and the Para-Planning Service you receive will be tailored to meet your needs. Please note these fees are dependent on all information being submitted. The prices below do not include VAT.
Below are our typical fees for different types of written advice:
Individual Protection
Key Person/Relevant Life
Shareholder Protection
Product recommendation including investment analysis (new money)
– Additional Product/Wrapper £110
– Tax wrapper analysis £55
Investment review and recommendation
Replacement Business/product switching
– Each Additional Product £110
Annuity Recommendation
At Retirement Recommendation
Pension switching (including comparison of charges and investment analysis)
– Each Additional Pension £125
Income Drawdown recommendation (including sustainability and investment analysis)
– Each Additional Pension £125
Defined Benefit Transfer Value Recommendation
Defined Benefit Member Lifetime/Annual Allowance assessment
Equity Release
Long Term Care
Inheritance Tax Planning analysis and recommendation
– Including trust planning plus £165
– Including BPR solution plus £165
EIS/SEIS/VCT/BPR due diligence and recommendation
Written Advice templates/checklists
Annual Review Suitability (without any additional investment)
Cashflow exercises (every additional cashflow £25)
Disclaimer
ComplyMe is not authorised or regulated by the FCA to give financial advice. We will undertake research and draft a report based on the client information provided by you and ensure it is compliant. You should ensure you are happy with the content of the report and that it reflects your wishes as you are ultimately responsible for the advice.
Related services
Centralised Investment Proposition (CIP)
ComplyMe can review your current Centralised Investment Proposition and provide a report assessing how it operates, whether it remains suitable for your client base and whether any changes may be required.
Due Diligence
Due Diligence is about going beyond just comparing charges or referring to industry awards. It is about a more in depth assessment of providers looking at areas such as financial strength and viability, service and support as well as areas like Risk Management, Data Protection and Disaster Management.
Complaints Handling
We can handle the complaints process from the outset and where appropriate undertake the necessary redress calculations.
The Right Service
ComplyMe have extensive experience in pre-approving advice, giving you the comfort that your files are being reviewed by suitably qualified individuals.
As part of this service we will provide a report with our feedback including guidance and recommendations where appropriate.
How we can help you
ComplyMe can undertake remote file checking on a regular and/or on an ad-hoc basis.