We are Recruiting,
Come Join the Family
:)
Elevate your Career
We have seen exceptional growth over the last year which we believe is a direct result of hard work, an honest approach to business, integrity and core family values.
As a result of our expansion we are looking for experianced and trainee Protection Advisors. If you are ambitious, determined, genuine, honest and awesome – you could be exactly what we’re looking for!
Watch the below video to find out more about the role!
Introduction Agreement
This Agreement is in respect of the introduction of clients by the Introducer to the Firm. The client will become the Firm’s client for financial services, including mortgage and insurance advice, and the Firm undertakes to retain records of business arranged in accordance with the requirements of the Financial Conduct Authority (FCA).
The Introducer is making introductions with a view to the provision of advice on regulated mortgage contracts and insurance products. These are excluded activities under Articles 33 and 33A of the Regulated Activities Order. It is the Introducer’s responsibility to ensure that the conditions for meeting these exclusions are adhered to.
The Introducer will be responsible for disclosing to the introduced clients any payment or other reward or advantage received from the Firm for making the introduction.
If the Introducer is not eligible to receive any payment (other than money due on its own account) in connection with any transactions arranged as a result of the introduction, it must notify the Firm. In this event, the Firm will either make payment due directly to the introduced client or reduce the cost of the service by the same amount.
The Introducer and any of its employees may not, and hereby agree not to, advise clients about mortgage or insurance products.
The Introducer will not hold itself out as having any other relationship with the Firm other than that of an introducer of potential or existing clients.
Each party to this agreement will carry out their duties to the highest professional standards, and neither party will act in such a way as to bring the other party into disrepute.
The Firm and its Registered Individuals hereby agree to advise present and future clients introduced by the Introducer in a manner consistent with their current standard disclosure documentation, which will be issued to each introduced client. The Firm and its Registered Individuals shall undertake to maintain the highest possible standard of service, professionalism, and integrity in connection with advice given to and conduct of business undertaken for clients introduced by the Introducer.
The Firm is permitted to provide advice on and arrange transactions in mortgage and insurance contracts. Our FCA reference number is 939746.
The Firm agrees to pay the Introducer:
Mortgage Leads: 25% of the procuration fee (commissions received from the lender) where this results in a transaction being arranged on behalf of the client. This agreed fee shall be paid to the Introducer immediately after the payment for services is received by the Firm.
Insurance Leads: 25% of the commission received from the insurer when a policy is successfully arranged on behalf of the client. Payment will be made over a four-year period. However, 20% of the first year’s commission will be retained until the end of the fourth year to account for potential policy cancellations. If a policy is cancelled, the Introducer may be required to repay any overpaid commission to Straker Financial Services. The retained amount will be released at the end of the fourth year, provided no clawbacks are applicable.
All mortgage- and insurance-related payments will be retained by the Firm.
The Firm is a Data Controller under the General Data Protection Regulation (GDPR) and undertakes to adhere to the requirements of the regulation in all matters relating to clients introduced by the Introducer, and to treat personal data with the utmost confidentiality. Introductions should only be made after the Introducer has obtained the client’s consent to this and the forwarding of any personal data.
The Introducer shall allow the Firm, and if necessary the Financial Conduct Authority, access to all relevant information retained by the Introducer concerning all introduced clients and will cooperate fully in any investigations. Any complaints received by the Introducer concerning any introduced client’s business will be immediately notified to the Firm. The Firm will be responsible for the investigation and resolution of these complaints. The Introducer shall not otherwise divulge information relating to any client’s business. The requirements set out in this paragraph shall not be affected by the termination of this Agreement.
This Agreement may be terminated at any time without penalty by either party giving notice via email to that effect to the other party, or upon the Firm ceasing to conduct financial services business. Such termination will not affect the rights of either party in respect of financial services business already completed or in the process of being completed by the Firm for clients introduced by the Introducer.