All advisers currently operating within Inter-Alliance plus those authorised through the Sage FS Network, about 1200 in total, will have access to a whole package of mortgage services.
The Group are also targeting mortgage brokers and pure protection specialists looking to become Appointed Representatives as a result of regulatory change later in the year. This will be achieved using their TRINON brand and the offering will include mortgages, pure protection, general insurance and a range of other fee earning services.
TRINON, with nearly 200 members, is the mortgage and protection ‘non-regulated’ arm of Sage F S Network, part of the Inter-Alliance Group. It already provides a panel of protection providers for both IFAs and non-IFAs plus access to the Inter-Alliance Mortgage Club. The move to become a Mortgage Network is a natural progression for the business.
The service is backed up by well-established and effective compliance and T+C functions.
The TRINON proposition includes:
- A transparent and competitive charging structure
- A true “whole of market” mortgage capability – TRINON brokers will be able to use any lender or packager or any mortgage club they choose
- A choice of mortgage sourcing software – TRINON brokers can use any mortgage sourcing software. TriGold will be available free of charge if preferred.
- A broad Pure Protection panel of leading life companies with market leading commission terms
- A General Insurance panel of leading providers of Buildings and Contents and Accident, Sickness and Unemployment cover
- An extensive range of supplementary services
- Advisory service – residential and commercial mortgages
- Commercial lending panel
- Commercial insurance
- Fee paying conveyancing and valuation referrals
- In-house referrals for investment business.
As a result of building the TRINON proposition on established Inter-Alliance processes, mortgage brokers will benefit from access to a proven compliance capability as well as effective face-face training and competence support.
Over the last 12 months mortgages have become a mainstream element of the Inter-Alliance offering with the appointment of Stuart Wilson as Mortgage Development Director, the creation of the Inter-Alliance Mortgage Club and the Inter-Alliance Mortgage Advisory Service.
Commenting on the new development, Chris Seery, Business Development Director said, “TRINON has a reputation with existing members of offering a high quality service for protection products and many are already active in the Mortgage Market. It therefore follows that we should provide them with support in the mortgage market particularly with the new regulatory requirements coming along later in the year. We believe we have developed a comprehensive range of services on very competitive terms.”
Phil Lockyer, Head of Distribution at Inter-Alliance commented, “ We are keen to broaden distribution within the Group beyond the National IFA and IFA Network services currently available to IFAs. Many are starting up in the Mortgage Services arena with no experience of running a regulated business, whereas Inter-Alliance has a well-proven capability in providing mortgage services and effective compliance and business monitoring. We see this step into the non-IFA sector as a major initiative not simply an add-on to mainstream activity.”
