BTWC are pleased to announce their new Equity Release partnership with The Financial Advice Service (TFAS), the leading Equity Release specialists.
The Financial Advice Service (TFAS) was established to offer low-cost, fixed-price, straightforward financial advice by phone to anyone throughout the UK.
As part of their expanded service offering BTWC have a range of expert partners who are specialist in key aspects of financial advice. The partnership with TFAS to provide an extended Equity Release offering to BTWC members and advisers was a natural choice.
Amy Peters, Head of Operations BTWC, comments “Partnering with TFAS was an easy decision for us. Their ethos of providing an outstanding customer service with the highest level of support and the right financial advice, supports our view of delivering an impeccable service to clients and advisers alike. Widening our partnership panel with TFAS to encompass a rounded offering of Later Life service is part of our formation of our long-term focus for a comprehensive, professional offering for advisers to take advantage of.
We have been able to agree a competitive commission percentage that goes back to referring advisers as part of the BTWC agreement. To be able to offer this to our advisers is a great additional benefit as part of our panel.”
TFAS provide a telephone service for customers all over the UK, establishing a trusted relationship with customers quickly. TFAS advisers have access to providers and products from across the whole of the market, so they can help customers narrow down their choices and manage all the paperwork for them.
As part of the contractual agreement with BTWC, for any referrals for Equity Release made through BTWC, TFAS will only advise on Equity Release, no other financial products will be discussed. If a need for these is highlighted then the customer will be passed back to their original financial adviser. This means that IFAs, brokers and financial adviser if referring via BTWC (for a competitive commission fee) then they do not need to worry about further cross-selling happening with their clients.
BTWC are committed members of the Institute of Professional Will Writers and the Society of Will Writers, and this new partnership with TFAS solidifies and strengthens their proposition of providing a fully rounded panel of services and products.
Neil Simmons, Director at TFAS comments “The Equity Release market not only shows growing interest from consumers, but an increasingly flexible range of products enabling them to unlock some of the value tied up in their homes. Releasing equity from your home is absolutely a matter of choice to be considered alongside numerous options rather than a position of last resort. The Financial Advice Service are an independent specialist and proud members of the Equity Release Council upholding the highest professional standards and service to its customers. We are delighted to be working with BTWC and look forward to a productive partnership.”
Contact BTWC about offering Equity Release via TFAS to your clients – call 01522 500823.