Premier Network Group has launched an introducer service for brokers looking to diversify the products they offer.
The service allows brokers to earn a referral fee from a range of financial products. Clients will be referred to Trilogy Financial Services via PNG for advice on life and general insurance, mortgages, pensions and investment and equity release.
Karen Butt, head of group sales and marketing at PNG, says: “Brokers can earn commission on business they are unable to place. This may be because they are unqualified in that sector or want the ease of referrals.”
Danny Lovey, principal of The Mortgage Practitioner, says: “There are always firms looking to facilitate. This isn’t new. But it’s a sad state of affairs if brokers can’t find clients appropriate insurance.”