MD Pension Solutions is giving mortgage brokers the chance to earn extra income by identifying clients looking to improve their pension provision.
The firm in personal pension transfers but is also experienced in annuities, SIPPS and regular contribution plans in addition to a raft of other offerings.
It will also pay 1.5% of the transfer amount to the broker and 11% of the first year’s contributions on a regular plan.
It also guarantees no cross-selling.
The firm says that clients will only receive advice from qualified advisers – whose minimum standard qualification is full FPC, however, it is also in a position to offer advice from team members with full AFPC including G60.
Mark Clinton, director at MD Pension Solutions, said: “We are all aware of the current difficulties facing mortgage brokers and whilst the need for diversification is being embraced