Friday 30th July 2010

What we do

It's a little known fact that it is not cheaper to go directly to a product provider for your investment or protection product. Most charge exactly the same expenses for direct business as they do for the business that comes in through advisers, banks and other business introducers.

Most insurers or fund houses expect to pay a commission to authorised intermediaries when placing new business, and the costs of this are built into the product accordingly. If you go direct, you actually save these firms money and receive no benefit!

However, by using our execution-only service we can rebate some of the commissions that are payable to us, either to reduce the ongoing expenses on your chosen plan or to provide increased allocation rates at outset. We can also save you the leg work by supplying you with the correct application forms, process these for you, and then deal with the product provider on your behalf.

In addition, as we place high levels of business with many insurance companies we are often able to negotiate special terms, or discounts, on top of the commission deals normally available.

This way, you get the product that you want at a discount and save time and effort in the process.

Strikes and ash extend BA losses
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.

Sale of EDF's UK networks agreed
A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).

Disney sells Miramax film studios
Walt Disney announces the sale of its Miramax film division for about $660m to a group of private equity investors.

News Feed: BBC News - Business





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