We currently have Appointed Representatives under MCCB regulation, and we intend to offer a similar service under the new rules from the 31st October 2004.
Services include:
Mortgage sourcing and packaging
ASU scheme
Life & Critical Illness Insurance
General Insurance
Mortgage, Term & Healthcare Leads
Benefits include:
Free MCCB/FSA registration
Free PI Cover
Easy administration
Mortgage sourcing on-line
Proposal Quotes & Issue on-line
Excellent commission
Currently, our costs for all these services are £157 per annum or £15 per month.
From the 31st October 2004, these will increase - to reflect the additional FSA charging structure to:
Registration fee of £257 plus £40 per month for each firm (includes one adviser), and £20 per month for each additional adviser.
Paul Bennington, General Manager, Administration & Compliance states “We believe this is one of the most cost-effective and competitive propositions in the market place currently, and reflects our unique personal service that we provide to all our Appointed Representatives. We want to develop together, offering a full range of products via our network across the UK.”
SPECIAL OFFER.
For all applications approved by the 30th October 2004, we will freeze our current price structure for 12 months. That is an annual fee of £157 or £15 per month. The new prices will take effect from the next annual renewal.
