Burns-Anderson, the network of independent financial advisers, has added BDS to its approved packager list.
Burns-Anderson has reduced the number of approved packagers to focus only on the top firms in the industry including BDS Mortgages.
BDS offer products from the whole of the market but have specialist expertise in the non-conforming market and, as a founding member of PMPA, access to a range of exclusive products.
Burns-Anderson advisers offer advice on a wide range of products from pensions, investments, life assurance, mortgages and general insurance.
For many however, mortgages are not a core element of their business and this new relationship allows members to pass the case to BDS whist retaining half of the proc fee, creating a low resource income stream for members.
Mike Gamble, regulatory markets manager at Burns-Anderson, says: “We are delighted to appoint BDS Mortgages as an approved packager.
“We provide our members with the very best in the market and BDS has an outstanding reputation for service and expertise in key product areas.
“Like Burns-Anderson, BDS are established, enthusiastic and knowledgeable and we know that BDS will provide value and choice to our members.”
Phil Jay, managing director at BDS Mortgages, adds: “At a time when firms are looking closely at their core relationships we are delighted to be able to serve and support Burns-Anderson members. Burns-Anderson is recognised throughout the industry as the Quality Network with quality IFAS writing quality business.
“We will be launching a marketing campaign to all Burns-Anderson members highlighting the processing and product benefits that come from using BDS.
“Additionally, to celebrate the new relationship and in light of BDSs 15th birthday, Burns-Anderson members will receive a case of wine for their first packaged case received before the 31st October 2005.”