View more on these topics

Partnership offers web service for IFAs

Intelligent Finance is to provide a transactional website service for IFAs in a partnership with My Money Adviser.

The web in a box tool offers consumers online transactions on a range of financial products in a site personalised with the IFA&#39s branding without the need for up-front investment in technology.

Depending on the adviser&#39s regulatory status, the site incorporates a fund supermarket, real-time quotes for general and life insurance, mortgage comparison and quotation and a share dealing service.

It also includes gas and electricity company comparisons and a switching facility, access to all Intelligent Finance products and an endowment trading facility. IFAs earn commission for all products sold through the site and pay a monthly fee for the service.

Intelligent Finance senior manager, e-commerce Mark Curran says: “Used effectively, the internet represents an opportunity where advisers can maintain relationships with their clients while opening up new income streams.

“For those that have taken that step into cyberspace, too often, websites simply provide information on a company and its services but no ability to buy products – effectively operating only as an electronic business card.”

My Money Adviser managing director Ann-Marie Martyn says: “The list of services advisers can offer is growing all the time, from online shares to discounted Isas. Staying ahead of developments and the cost of integrating them is no longer a worry.”


NU slashes commission under pension pressure

Norwich Union is slashing commission rates by up to 75 per cent on its pension products, saying the pressure of the 1 per cent regime is forcing it to cut costs.It is cutting commission on short-term contracts but increasing commission on contracts of more than 20 years. Contracts of less than five years will see […]

Consumers confused over mortgage protection says Scot Prov

Thirteen per cent of mortgage holders with no mortgage protection at all do not know why they don&#39t have cover, according to a survey by Mori for Scottish Provident.Scottish Provident is producing a free guide to mortgage protection, designed to give consumers and introduction to the different types of mortgage available and how to protect […]

Legal & General two-year discount

Legal & General discount Type: Self-certification discountDiscounted term: Two yearsDiscount: 1.36% (off 1.75% above BBR)Payable rate: 4.39%Minimum loan: £25,001Maximum loan: Up to 85% of valuation subject to a maximum of £1mIncome multiples: 3.25 x single or 2.75 x jointArrangement fee: £299Redemption fee: 5% of amount repaid in first year, 4% in second year.Conditions: NoneIntroducer’s fee: […]

Winterthur to drop name and take Credit Suisse branding

Sipp specialist Winterthur Life is dropping its name and adopting the brand of parent firm Credit Suisse in a bid to raise its profile in the UK.The move is due to take place within 18 months and will see the Winterthur brand disappear in the UK but not in other European countries where the brand […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm