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PMS announces equity release referral scheme

Premier Mortgage Service has unveiled a referral scheme through equity release provider Age Partnership.

The scheme means brokers not authorised to advise on equity release can still earn referral fees.

Tim Loy, chief executive of Age Partnership, says: “Equity release is set to grow significantly and the referral service is a new outlet for PMS members to give their clients access to such products.”

Martin Reynolds, corporate manager at PMS, says: “We felt it was important to support brokers who want to help clients and protect their income.” 2006:Network Data Holdings is floated on the Alternative Investment Market2005: The Royal Institute of Chartered Surveyors reports an increase in new buyer enquiries2004:HBOS drops plans to bid for Abbey and clears path for Banco Santander’s takeover of the lender2003:IFA firm Britannic Money sheds 160 staff following a restructure2002: Mortgage 2000 and Mortgage Brain announce plans for the Mortgage Trading Exchange2001: Mortgage Strategy launches as the first weekly broker title in the mortgage market


C2 abandons packaging

Industry pundits say C2 – Financial’s decision to close its doors to mortgage business last week is a sign that the traditional packaging market could soon be a thing of the past.

Homebank on the acquisition trail

National mortgage broker, Homebank Financial Services is actively seeking to talk to mortgage brokerages who wish to explore the possibilities of selling their business or a merger.

Financial Network partners Exclusive Connections

The Financial Network has signed an exclusive partnership agreement with Exclusive Connections giving its appointed representatives access to its whole of market offering.

RIP Salt Finance and CMB

Nationwide has absorbed the Cheshire and the Derbyshire’s broker arms following its mergers with the mutuals last week.

Europe: banking on a recovery

Neptune video: Europe — banking on a recovery

Arguing that the eurozone crisis is over, watch Rob Burnett, head of European equities at Neptune, discuss the sectors that he’s investing in to harness the recovery. 

In the video, Burnett addresses the following: 

• The primary drivers of the eurozone’s economic recovery
• The turnaround in individual countries’ current accounts
• Sectors best positioned to harness the recovery, without offering undue exposure to risk


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