New protection proposition from TenetLime

Published on

tenet

Tenet’s non-investment network, TenetLime, has seen near to a 40% increase in sales of protection policies for 2014 compared to the previous year.

At them same time, Tenet experienced a 70% year-on-year increase in mortgage business.

The firm is reviewing its overall protection proposition and is looking re-engineer its options for advisers, to improve choice and flexibility for firms to tailor their proposition to meet customer needs.

In addition to Tenet’s whole-of-market (WOM) panel, the new proposition offers a revised WOM ‘best of breed’ panel and a new restricted panel, where advisers pick six providers from a panel of nine. These options are available to all Tenet members, whatever their regulatory status.

Helen Turner, Tenet Group’s distribution and development director, said: “Our focus on providing the best outcomes for end consumers is bearing fruit and we are delighted to see nearly a 40% increase in protection policies within our non-investment network for the end of a year that’s also been a very healthy one for mortgage business.

“Our new protection proposition creates new options in light of changes to regulatory requirements in the market, and offers greater flexibility and support for advisers and their customers.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Mortgage and protection professionals urged to complete industry ED&I survey before deadline

Industry leaders are calling on mortgage and protection professionals across the UK to complete...

Paragon cuts further advance rates and lowers minimum loan to £2,000

Paragon Bank has reduced rates and simplified the application process for buy-to-let further advances,...

The Cambridge adds 80% LTV limited company holiday let deal

The Cambridge Building Society has launched a limited company buy-to-let holiday let mortgage at...

CHL Mortgages appoints London and South East BDM

CHL Mortgages has appointed Jenna Macey as business development manager for London and the...

OneDome strengthens compliance leadership as group scales

OneDome has appointed Joanna Purdy as group head of compliance and promoted Rebecca Curtis...

Latest publication

Other news

Mortgage and protection professionals urged to complete industry ED&I survey before deadline

Industry leaders are calling on mortgage and protection professionals across the UK to complete...

Paragon cuts further advance rates and lowers minimum loan to £2,000

Paragon Bank has reduced rates and simplified the application process for buy-to-let further advances,...

The Cambridge adds 80% LTV limited company holiday let deal

The Cambridge Building Society has launched a limited company buy-to-let holiday let mortgage at...