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The Right Mortgage & Protection Network launches weekly commission

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The Right Mortgage & Protection Network has revealed it now pays commission on a weekly basis.

Separately, the network launched a new referral service at its national training event last week.

It allows members to refer to the network the business they do not want. TRMPN says there will be no cross selling and brokers will earn 30 per cent of any commission made.

It has also developed new sales processes for equity release and private medical insurance.

Chief executive Martin Wilson says: “We are delighted to make these announcements which have been the product of much adviser feedback. Weekly commissions has been one of the main features that has been requested and so we are thrilled to now be able to offer this.

“The launch of the referral service as well as our equity release and PMI propositions shows our aim to give all of our advisers the opportunity to provide their client with a holistic financial planning service and achieve the best possible customer outcomes.”

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