PMS users can now access the savings schemes of Scottish Widows Bank. Intermediaries will have access to a range of savings products and at the same time receive ongoing annual commission paid on a quarterly basis for the lifetime of the account balances.

The savings product range offers opportunities for both personal savers and non-personal savers with a wide range of products such as the E-Cash ISA, the easy access Direct Transfer Account and one and five-year Fixed Term Deposit Accounts for personal or pension funds.

Martin Reynolds , PMS’s development director, said: “Providing a cross section of products is imperative in the current environment and PMS is committed to offering the intermediary market as wider choice as possible. The new Scottish Widows Bank products offer both excellent rates but also an excellent opportunity to earn additional income.””