In this episode of Financial Planner Life, Rebecca Livesey introduces Parapool, a gig-based, online marketplace that is revolutionising the paraplanning profession. 

By offering a flexible and scalable marketplace for paraplanners and financial advisers, Parapool addresses the current issues of rising paraplanning costs and talent shortages. Becky explains how advisers can save up to 40% on paraplanning costs while paraplanners gain control over their workload and pricing, creating a more efficient and adaptable financial planning ecosystem.

Becky also discusses the future model of Parapool, one that fosters collaboration rather than competition,  offering paraplanners not only jobs on their terms but also career development and networking opportunities. 

She emphasises the importance of ensuring quality work through bid thresholds, protecting paraplanners from undervaluing their services. This creates a sustainable, high-quality marketplace that serves both advisers and paraplanners well, even amidst rising client demands and increasingly restrictive regulations.

Tune in to discover how Parapool is addressing the critical shortage of paraplanners in the profession, and how its gig-based model is reshaping talent management in financial planning - making financial planning more agile, cost-efficient, and collaborative.

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