Introduction Agreement
This Agreement is in respect of the introduction of clients by the Introducer to a
specific adviser associated with the Firm. The Introducer is not introducing clients to
the Firm directly but will do so through the aforementioned adviser. Through this
agreement, client’s will become a client of the Firm for financial services, and the
Firm undertakes to retain records of business arranged in accordance with the
requirements of the Financial Conduct Authority (FCA).
The Firm is permitted to provide advice on and arrange transactions in mortgage and
insurance contracts. Our FCA reference number is 939746.
The Introducer is making introductions with a view to the provision of advice on
regulated mortgage contracts or insurance products. These are excluded activities
under Articles 33 and 33A of the Regulated Activities Order. It is the Introducer’s and
aforementioned advisers’ 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.
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 to the specific adviser.
The Firm will not, under any circumstances, approach or contact the Introducer
except to promote the Firms services via email campaigns that are delivered to all
clients and associates of the Firm. The emails must have an opt in and out option
and be non-personalised to a specific associate or client. This condition remains in
effect even if the specific adviser to whom the Introducer refers clients is no longer
associated with the Firm, unless by a declaration of consent.
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.
Introducer commissions are only paid on the initial service provided by the advisor.
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.
Complaints received from 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 allow the Firm,
and if necessary, the Financial Conduct Authority, access to all relevant information
retained by the Introducer and will cooperate fully in any relevant investigations. 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.
