No fees for three months for new PTFS members
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Personal Touch Financial Services is offering no fees for three months in an attempt to attract more brokers and IFAs.
The offer will be made available to all new members who join before the end of the year.
Doug Crawford, chief executive officer at PTFS says: “We have made our strategic intentions clear, and as we continue to grow our community, it is vitally important that we understand the financial constraints and burdens placed on our new members in the current economic climate.
“We have therefore launched this campaign to allow firms some much needed breathing space. We have agreed to waive all fees until the start of 2011, with a period of three months free of fees.”
Starting tomorrow, brokers will also have the PTFS one month notice period.
Crawford adds: “Despite the waived fees for the first three months, we are not increasing the notice period and locking members in to a longer contract. Our usual one month’s notice will apply after the three month period. It is important that the relationship we have with our community is based on value, service and support.”
Readers' comments (2)
Matt Palmer | 1 Sep 2010 1:35 pm
"We have agreed to waive all fees until the start of 2011, with a period of three months free of fees"
Does this include brokers already with PTFS or is it exclusively for new arrivals?
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Anonymous | 1 Sep 2010 3:35 pm
Doug if you understand the financial constraint in the current economic climate why dont you get rid of the 2% that is deducted for marketing from protection business.This was introduced during the credit crunch before you charged a monthly fee. Rather than attempting to attract new members with gimics why dont you look after your existing members.
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