The panel consists of life providers Aviva, Bright Grey, LV=, PruProtect and Zurich.

Pink’s Club VIP is available to top-performing directly authorised advisers on an invitation-only basis.

Members have the option of attending the quarterly roadshows and have access to specialist training support available to the appointed representatives within the network.

Pink said that existing Club VIP members already benefit from some of the highest proc fees in the market, as well as field based business development manager support, business development and a reduced-cost compliance support package.

Pink sales director Mark Graves said: “It is clear from the feedback we have received from our top producing DA’s that there is a real need for sales support and expertise to be made available to those selling protection in the directly authorised market.

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“This is a joint effort between Pink and our life panel providers to come up with a comprehensive range of products and support for selected members of our Club VIP. After successfully running a pilot scheme which showed a significant increase in sales by those taking part, we feel ready to offer the proposition to a wider market.”

PruProtect head of account development Phil Jeynes (pictured) said: “We are committed to the intermediary market and Pink is a fantastic example of a network which is dedicated to offering training and development to its members.”