Active Lending Solutions given access to Stonebridge protection panel
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Members of Active Lending Solutions will be given access to a protection panel from Stonebridge Group from today as part of a new strategic partnership between the two firms.
Active’s directly authorised members will have access to Stonebridge’s limited life and protection panel which features products from five providers: Aviva, Bright Grey, Friends Provident, PruProtect and LV=.
The panel was launched in October 2011 for use by Stonebridge’s network firms, and runs alongside its existing whole of market offering.
Richard Adams, managing director of Stonebridge Group, says the move will allow it to offer the panel to a much wider broker audience.
He says: “Active’s members will now be able to enjoy the same quality of provider and product offering as Stonebridge AR firms, plus they’ll be able to take advantage of the potential commission increases available.
“It will also allow Active’s members to forge a closer, more in-depth relationship with the five providers on panel.”
Gordon Covell, managing director of Active Lending Solutions, says: “To bring a wide panel of leading life providers to our directly regulated brokers is something we have wanted to do for a long time.”
He adds: “We recognise that some brokers prefer whole of market but we want to offer choice and believe many members will see this facility as a much-needed boost to income at a time when the mortgage market is bumping along the bottom.”
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