Mortgage News
MD Pension Solutions makes mortgage broker offer
MD Pension Solutions is to offer mortgage brokers the opportunity to earn extra income by identifying clients looking to improve their pension provision.
The pensions referral service comes with the added guarantee that it will not cross-sell to the brokers valuable client base ensuring that the only advice received by their client is the requested specialist pension advice.
The firm will also pay 1.5% of the transfer amount to the broker and 11% of the first year’s contributions on a regular plan.
Mark Clinton, director at MD Pension Solutions, commented: “We are all aware of the current difficulties facing mortgage brokers and whilst the need for diversification is being embraced, brokers are still not fully maximising referral opportunities for other financial services offerings.
“We are well versed with exactly what brokers require and believe that our offering stands out because of our prompt payment procedures and non cross-selling guarantee.”
He added: “By offering clients a free pensions review brokers can really add value to their offering by providing their clients with a far more holistic advice process whilst also opening up a lucrative extra revenue stream.”
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