The new Vision Introducer will now field a team of six business development managers to provide nationwide face to face support and advice to mortgage brokers and other financial intermediaries who wish to ensure that their clients are receiving the right pension advice through its free Pension Checking Service.
According to Tom Hughes, director at Vision, the merger of the two largest companies dealing with broker referred pension business was a perfect match.
He said “We are delighted with our decision to buy MD Financial Solutions, which allows us to accelerate the significant growth that we were originally planning for the next two years.
“Bringing together the two companies creates a formidable force in the marketplace and therefore a better service for our intermediary customers. Combining our expertise and resources will bring huge advantages through a more efficient processing and HR infrastructure.
“Thanks to the economies of scale, we are also now able to make further investment in our IT, which will bring greater benefits to our intermediary clients and their customers, including the recent launch of IRIS, a unique case tracking system for all registered intermediaries.”
Mark Clinton, director at MD Financial Solutions, said: “We have already built a reputation for excellent service and straightforward honest advice and the new structure just allows us to become even better at what we do.
“There is huge potential for introducers, who are unable to provide pension advice to their clients, to introduce them to us. We are able to assess existing pension arrangements and, where appropriate, offer the right advice that could save thousands of pounds and make the difference between an anxious and a comfortable retirement.
“Our existing intermediary clients are delighted with our service and the opportunity to offer a new and vital service to their clients, backed by our cast iron no cross selling agreement and the significant extra income opportunities.”
