Just Group has launched a referral service that allows advisers to earn more than £1,500 in 'introducer fees' for referring clients onto another adviser if they are unable or unwilling to give them advice.
The new service, HUB Referral Solutions, offers access to advice on retirement income, care funding and equity release to people who advisers are unable to help. It allows advisers to earn an introducer fee and, where they choose to, maintain ownership of the individual relationship. The business said advisers had earnt typical fees of £390 for retirement income referrals, £1,610 for equity release referrals annd £1,755 for care funding referrals. These are based on introducer fees of 1%, 1.75% and 1.5% respectively. Just Group launches DB transfer disruptor business The referral s...
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