Mortgage Advice Bureau (MAB) is onboarding the full range of LV= Flexible Protection Plan products to its protection panel from April. MAB advisers have previously had access to LV= income protection plans but will soon be able to select LV= life insurance and the LV= combined life and critical illness cover range
Protection specialist LV= is adding a more affordable variant of critical illness cover to its protection range for customers at different life stages.
7
th January 2021 8:48 am
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Quilter offers bonus for moving assets onto ‘matrix’
You may remember a story about Quilter being in hot water for its restrictive covenants after a High Court judge branded them “unlawful”. Well, the dispute the firm got into with its ex-adviser also uncovered some interesting material.
Court documents seen by
Money Marketing suggest Quilter offered the adviser a bonus to move client assets onto its approved panel of products when they first joined the firm.
The bonus was estimated to amount to £5,000 in a year for moving clients to Quilter’s so called matrix.