Broker Wills has been launched to offer brokers a high tech will-writing service specifically designed for brokers and financial advisers.Legal solutions company Epoq, which designed the service, says that unlike existing services that provide advisers with a small royalty or make them spend time preparing all the paperwork for clients’ wills, Broker Wills offers an outsourced service. Advisers can buy at wholesale rates, then provide wills to clients at the price they judge right for their business. The firm also gives advisers online tools to manage their wills business including marketing material, will planners for clients and a lead generating facility. Jack Storey, head of sales and marketing for Broker Wills, says: “Financial advisers undertaking a fact-find are obliged to ask clients whether they have a will. “Often it is found that the need is there but no solution can be offered. By being able to provide a sensibly priced service to clients, the adviser benefits from increased customer satisfaction and makes some extra money.” Epoq has sunk 10m into the venture. There is no form filling and no joining fee. The service provides a low fixed price per will and intermediaries can set their own prices in the knowledge they will get paid before the will is completed. Storey, a former IFA, says: “I used to be an IFA. I wanted to control my own pricing, make bigger margins and get paid upfront, so I researched the market and came across the Broker Wills service. I liked the product so much I teamed up with the company.”
Networks may have to come down hard on their appointed representatives and dictate codes of business to them for selling self-cert mortgages, says Birmingham Midshires.Speaking at the Mortgage Business Expo in London, Martin Reynolds, head of sales at BM, says that it will be business as usual for directly authorised brokers who sell self-cert, but […]
500 registrations have been received for the The Institute of Financial Services Certificate in Regulated Customer Care. Ifs developed the single-module qualification earlier this year, after the Financial Services Authority made it clear that Treating Customers Fairly was going to be a key issue for their investigations. TCF was highlighted as a priority area for […]
Mortgage Strategy’s weekly guide to what’s hot and what’s not on the web. Kevin Paterson takes a look at lender websites, working his way from A to Z
Mal McConechy, ex-Mortgage Next director, has joined Home of Choice as mortgage director. McConechy quit Mortgage Next this October after eight years with the company.McConechy is expected to be involved in helping to design exclusive products for the mortgage network, which recently announced it is in talks to acquire smaller networks. It also predicts that […]
According to its latest member survey, Health Shield has continued to deliver high levels of customer service during 2012. Ninety seven per cent of the 2,000 respondents said their overall experience of calling the company this year was ‘good’.
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