IFA partners with Positive Solutions can now refer complex equity release and long-term care cases to specialist brokers, and receive a share of the commission, after the company enhanced its Mortgage Club service.
The company has also added commercial loans and commercial property insurance to its in-house Masterbroker specialist referral service.
Any of Positive Solutions' 1,700 partner IFAs can now refer complex cases in these areas to Masterbroker and still benefit from a share of the adviser remuneration.
Launched earlier this year, the service enables IFAs to refer a wide range of specialist mortgage and mortgage-related business to the Masterbroker team who Positive Solutions says are experts in placing complex or non-standard business.
Positive Solutions says it benefits from the arrangement too, as business that may otherwise have gone elsewhere is kept in-house.
Mortgage manager Paul Rignall says the service also aids recruitment as advisers are attracted to the level of support Masterbroker offers.
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From June 2019