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Intrinsic launches with 300 advisers

Intrinsic Financial Services, the new multi-tie network headed up by the former global CEO of Zurich Financial Services, has officially launched.

The network already boasts some 300 appointed representatives purely from word of mouth, providing holistic advice on a wide range of products and services from some the UKs market leaders including life, pensions, investment, general insurance and mortgages.

At the heart of the Intrinsic proposition is a fully Integrated point of sale system designed by N4 Solutions.

It’s panel includes three general insurance providers, 45 mortgage lenders and five packagerd, with the aim to pull in 1,000 advisers in five years.

The venture has the financial backing of some of the leading names in the financial services industry including Friends Provident, HBOS and South African insurer Sanlam.

Lord Leitch has been joined by former industry colleagues, Kevin Ronaldson, David Capel, Wallace Dobbin, Richard Freeman and George Higginson.

Lord Leitch, chairman of Intrinsic, says: The essence of Intrinsic is quality it’s the golden thread running through everything we do. It will be the key to our success.

Intrinsics talented management team combines one of the best track records in financial services with a determination and focus second to none.

“We will work with our advisers to build productive and profitable relationships, creating an advice based distribution model that places the consumer at the heart of the Intrinsic proposition.


Sesame culls packager panel

Sesame has culled its packager panel, slashing it from 53 to 17. The IFA network says the decision was made because the number of packagers had become “unmanageable”. The IFA network sent out a questionnaire to all its packager partners. Based on the responses it received, it whittled down the number to 17.

Brokers back packagers

Brokers and IFAs think packagers still play an im- portant role in the mort- gage industry, according to research from Platform. A poll of over 200 mortgage brokers and IFAs found that 62% would submit the same amount of business or more to packagers over the next 12 months. The research shows that packagers remain […]

Phase two of survey on FSA

The Financial Services Practitioner Panel has launched the second stage of its FSA performance survey. The survey, carried out every two years, is aimed at gathering industry views on the regulator.

Only 20% save for rainy days

Over half the population of the UK experiences unforeseen financial occurrences yet Lloyds TSB says only 20% of people are able to use savings to cover these events.

InFocus - thumbnail

In Focus — February 2015

Jelf Employee Benefits looks at the issue of paying anaesthetist fees when the patient had no chance to discuss or agree to them prior to care; and provides recommendations for avoiding this scenario.


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