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Median Insurance Management – Smartgard

Type: Mortgage payment protection insurance

Maximum benefit: £1,500 or 125% of monthly mortgage repayment,
whichever is lower

Benefit payment term: 12 months

Deferred period: 30 days

Premium: £3.25 per £100 for unemployment cover, £3.25 per £100
for accident and sickness cover, £4.95 per £100 for accident,
sickness and unemployment cover

Commission: Initial 25 -35%

Tel: 01372 869866


Inter-Alliance sets up pension bureau

National IFA Inter-Alliance is launching a pensions bureau that will offer less qualified IA advisers the option of referring business on to a pensions specialist. The group says rather than de-licensing advisers overnight because they do not have the AFPC G60 qualification it has decided to set up a system that will allow them to […]

Chartwell founder&#39s commission-free investment service

A founding director of Chartwell Investment Man-agement is setting upa new commission-free investment service targeted at execution-onlyinvestors.The Discount Club is being started by managing director Martyn Laverick.Club members will pay an annual fee to join but will then be rebatedall initial and trail commission payments when investing in funds.If a member&#39s commission savings are less […]

Firms lose authorisation for flouting watchdog

The FSA has removed the authorisation of two IFA firms, saying theyhave flouted the Financial Ombudsman by not paying awards madeagainst them.Tudor House Financial Services, of 34 Chester Street, Wrexham, failedto comply with five ombudsman awards and failed to cooperate at allin dealing with another ombudsman investigation into a complaint madeagainst it by a client.Action […]

New directors for CCP

Two Lamensdorf senior managers have left the IFA company to joinCombined Capital Partners, part of the Issuance Management Company.Former director Tony Wright-Jones has been with the firm for 12 yearsand Rod Rippin seven years. The pair will become CCP directors andco-ordinate the firm&#39s plans to generate new IFA revenue streamsthrough their own range of products.The […]


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