Personal Touch Insurance has announced it has been granted IFA network status by the FSA and is now moving to set up a network. It describes the move as the “final piece in the jigsaw” of its plans of offer intermediaries access to a “financial supermarket” offering regulated products, including pensions, investments, mortgages and general insurance.
PTI head of sales Martin Wilson says: “We intend to attract the members of other networks who are unhappy with poor product choice, mediocre service standards and, quite probably, with the day
they are required to do business. In contrast to many other networks, PTI offers a genuinely comprehensive product range on highly competitive terms backed by state of the art service and technology. Our approach is to treat intermediaries as business partners, not to dictate how they should carry out their business.”