The founder of the national Paraplanner Powwows, Richard Allum, has revealed that two financial services organisations have expressed an interest in taking on the running of the national Paraplanner Powwow since his warning its future was in doubt.

The leaders behind moves to create a new standard for the Paraplanning profession have already held talks with professional bodies, Financial Planning Today has been told.

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.