hi
we have a base of over 60's with pensions. what are the commission amounts for this product?
We are looking for introducers for a new pension product, commission will be paid backend within 45 days, if you require further information please PM me.
Regulated product under UK Financial Services Authority
The product has the most unique benefit of offering the client a developer incentive of a ‘cash-back’ of thousands of pounds simply for opting to invest their pension in our nominated stock exchange fund
Method of customer acquisition –
Customer is approached and asked if they would like a ‘free financial review’ to give them a report on their current savings and investments (if any) – i.e. Review of Mortgages, Insurances, Credit Cards payments and of course pensions – with advice on how to make savings on these
Primary customer target will be a UK pension holder
If they have a pension (which in the region of 15 million people in UK do) then they will also get a free pension review – which will give them a report on their pension value, current performance etc
The appointment will be carried out at their home or one of a national network of offices of our panel of FSA Regulated Independent Financial Advisors or over the telephone
So the main role of the field/tele sales agent will be simply to promote ‘a free financial/pension review’ with a qualified and authorised IFA – that’s it
Once that lead is sent through – the authorised IFA’s take over and actually close the deal following which all commissions are paid out.
hi
we have a base of over 60's with pensions. what are the commission amounts for this product?
Hi
You should be foolish to transfer your pension in an ETF for a cash-back (in 000s) because you have a great chance to not have any pension later. But the above are proud that they are advisors (independent ????!!!). Where is the attitude to risk assesment, where is the suitability, where is the charges comparison ??!
The good think is that FSA is against pension swithing for the sake of IFA's commission and is figthing back suspending some of "IFAs" like the one above.
We do offer pension advice, which is not free; we get paid by fees or commission (product charges), it is up to the customer to choose. As Independent Financial Advisors we have to offer both options to the customer and we are proud that 30% are choosing to pay by fees because it is cheaper for them that to pay by product charges. We offer best advice and we search the whole of the market to find a suitable product for the customer.
We also buy leads and appointments for financial reviews (which includes a pension review) and we pay up-front between £40- £150 for every lead/appointment.
If anyone interested let me know.
Eugen
Your PM doesn't appear to be working, please let me have the details.
pzcollins@msn.com
Regards Paul.
I can't get a PM through either. Please PM me with details.
Thanks
Crazy Bird
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