Podcast #124: Paraplanners in the spotlight! Results from The Lang Cat’s 'State of The Advice Nation' report with Steve Nelson

IFA Talk

In the latest episode of IFA Talk, we’re diving into the findings of The Lang Cat’s State of The Advice Nation report with Steve Nelson, Insights Director at The Lang Cat. Co-hosting with our Editor, Sue Whitbread is our very own Senior Financial Journalist, Jenny Hunter, who brings a unique perspective as a part-time Chartered Paraplanner herself.

The report reveals that more paraplanners than ever are choosing to remain in their roles rather than transitioning into advisory positions. But it’s not all smooth sailing – ongoing frustrations around remuneration and the lack of a dedicated Chartered pathway are still hot topics.

Steve shares his insights on what’s driving these trends, the evolving perception of paraplanners in the industry, and what the future might hold – especially as AI continues to shake up the financial advice sector. Steve gets Jenny involved in the conversation as well and puts her on the spot, throwing a few questions her way, making her a part guest, part host for this episode.

So, whether you’re a paraplanner looking for career inspiration or an adviser curious about the shifting dynamics within your team, this episode is packed with valuable insights.

You can find the full State of The Advice Nation report, which is well worth a read, by following this link.