Investec Bank (UK) has launched two cash Isa accounts which pay IFAs 0.5 per cent commission.
The Premier Tessa-Isa is available for investors transferring the balances of their matured Tessa's, while the Premier Cash-Isa is for new savers.
Both Isas pay a current variable rate of 6 per cent. Interest can be paid either on a monthly or annual basis.
The commission is calculated at 0.5 per cent of the initial investment and is payable after six months, subject to a minimum payment of £50 and a maximum of £100.