The level 4 qualification will cover all aspects of the paraplanning role, with registration opening in September followed by an exam in December.
IFP chef executive Nick Cann says: “Every so often we are able to capture a significant moment in the development of the financial planning profession. The properly defined role of the paraplanner, with a distinct career and testing structure, will enable financial planning businesses to make significant progress.”
Scottish Widows intermediaries director Simon Massey says: “Paraplanners have a growing role to play in the modern IFA business. This programme and qualification from the IFP fills this gap and we are delighted to be supporting it.”