One month into announcing its focus on this third option, 100 IFAs have signed up with PMM and this figure continues to grow.
Mark Mountney, Managing Director of PMM says:
“We are delighted that so many IFAs want to take advantage of our very simple, cost-effective and financially rewarding third option.
“Over the past few weeks we have spoken to several hundred IFAs and nearly 50% want the benefits of becoming an introducer. There are many reasons why IFAs are so interested in this option. They have the comfort of having their clients needs catered for, they retain all FS sales and commissions, and they reap part of PMM’s income including other ancillary sales that are driven off the back of the mortgage, eg: ASU/PHI, B & C. When you then consider that they no longer have to worry about registering with the FSA, directly or otherwise, that the burden of selling and processing the case with all of the costs are removed, it is hardly surprising that so many IFAs are responding so positively. They have all the gains with none of the pains. The ‘third option’ of simply introducing is so real for so many”.
For any IFAs interested in finding out more about becoming an introducer contact James Elsaba or Stan Burgess in the B2B Team tel: 0870 224 0223 and/or go to www.introjuicer.com.
