Scottish Widows Bank joins PMS savings panel

2 February 2010 | By Natalie Holt

Brokers will receive ongoing annual commission paid on a quarterly basis for the lifetime of the account balances.

The savings product range includes the E-Cash ISA, the easy access Direct Transfer Account and one-year and five-year fixed term deposit accounts for personal or pension funds.

Martin Reynolds, development director at PMS, says: “Providing a cross-section of products is imperative in the current environment and PMS is committed to offering the broker market as wide a choice as possible.”

Gordon Bowden, sales and marketing director at Scottish Widows Bank, says: “We are delighted to be joining the PMS savings panel. 

“This is a great opportunity for us to work with PMS to promote our commission paying savings accounts to the broker market. 

“Our savings accounts offer customers good interest rates and flexible easy access and fixed term savings options while offering advisers an attractive rate of commission and a steady income stream.”