A Yorkshire-based advice firm has hired a Chartered Financial Planner with expertise in law.

Financial adviser network Tenet has announced what it said it believes to be the first Paraplanner apprenticeship in the country to launch since a government-backed scheme was introduced.

Fairstone Group has snapped up a greater Manchester-based Financial Planning firm, bringing on board another 7 advisers and 9 support staff.

A Financial Planning firm has brought a new Paraplanner on board and is looking at increasing its Paraplanning team to as many as eight by the end of 2016.

A Paraplanner believes that employers might be reluctant to give their backing or the necessary time for Paraplanners to develop their own professional standards.

Plans to create a new CISI Level 4 Financial Planning qualification will be rolled out through a pilot during the first quarter of 2016.

The UK is becoming the leading country in the world for Paraplanning, as professionals from nations around the world seek to follow its example, a top expert has told Financial Planning Today.

Paraplanners who are fed up with anyone being able to call themselves a Paraplanner are taking matters into their hands to come up with a new professional standard.

A national advice group has told Financial Planning Today it intends to recruit up to another 10 Paraplanners in 2016 after already more than doubling numbers in the last two years.

An outsourced Paraplanning business has opened up a larger third office to help it meet an “increasing volume of work” and announced plans to hire more Paraplanners soon.