The Right Mortgage & Protection Network announces weekly commissions and referral service

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The Right Mortgage & Protection Network announces weekly commissions and referral service

The Right Mortgage & Protection Network has announced that it will be paying commissions on a weekly basis.

The network also announced the launch of a referral service and their Equity Release and PMI sales processes.

This news was revealed at the network's National Training Event which saw more than 120 members in attendance along with over 30 lender and provider partners.

The referral service allows members to refer business that they do not conduct to the Network who will act as a representative of the adviser in finding the client an appropriate product.

With a no-cross-selling agreement in place, advisers can deal with all of their clients' financial needs safe in the knowledge that nobody will poach that client and earn 30% of any commission on that product.

CEO Martin Wilson said: "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.

MD, Adam Stretton added: "Our already strong proposition continues to grow and we are certain that this will have a significant positive impact on our advisers' business."

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