Paradigm to run its DA transition workshop in London

Paradigm Mortgage Services, the mortgage services proposition, has today announced it will once again run its workshop to support those looking to become Directly Authorised (DA) by the regulator. The workshop will take place in London at the end of January.

This will be the second year that Paradigm has organised an event dedicated to helping firms either move from appointed representative (AR) to DA status or supporting individuals new to the industry – or within advisory practices – who wish to go on their own and set up their own DA firms.

The half-day event will take place at the Jurys Inn London Holborn, 50-60 Southampton Row, WC1B 4AR on Tuesday 28th January.

Registration starts at 10am and the workshop includes a range of presentations from senior Paradigm staff providing insight into what is involved in the process, the requirements to secure DA status, and the support that can be provided with the FCA Application.

Presentations will be given by Paradigm CEO, Bob Hunt; Head of Protection, Mike Allison; Mortgage Technical Director, Christine Newell; Head of Proposition, David Ryder; and Compliance Partner, Graeme Stewart. Each session is designed to help attendees achieve the following learning objectives:

  • Increase their understanding of what to expect on becoming DA.
  • Improve understanding of what to consider when deciding whether it is the right time/move.
  • Outline the initial and ongoing costs involved in going DA.
  • Detail the support that Paradigm can offer.

Attendance at the half-day event will be completely confidential and no third-party lenders, providers, networks or support service firms will be there.

Bob Hunt, Chief Executive of Paradigm Mortgage Services, commented: “Last year we ran a very successful DA transition workshop in London and have committed to more during 2020 because of the feedback we received, and the large number of enquiries we’ve had from individuals looking at their options to move to DA status.

“We’ve found that those who attend often cite the workshop as a catalyst for them to begin preparations to become DA, and the sessions from senior Paradigm staff are all designed to provide practical information and support to allow them to progress in this aim, and to see the specific help that we can provide them with.

“These are big decisions, but a new year often presents a timely incentive to look at the options available and to review whether now is the right time to make a decision on changing regulatory authorisation. These events are held to help facilitate this and we’re looking forward to meeting advisers and firms in London on the 28th of this month.”