With spaces at a premium for our 2025 event and with over 70 RSVP’s in already, please don’t miss out – RSVP today.
10th December 11:00am-11:40am
Royal London have been on panel for some 4 months now, and uptake of their competitive and innovative products has been excellent. To further support you, we have arranged an exclusive Webinar hosted by Royal London.
On this session, Royal London will be looking at:
We would highly encourage you to attend if you are able.
When it is time, simply click HERE to join
Legal & General | Just Covered podcast
In this episode, Fraser Kerr, Regional Director of Scotland for Abrdn, talks about his unwavering commitment to a people-first approach to financial planning which is truly inspiring.
How to build genuine client relationships. How to balance client needs with their emotional capacity for loss, to provide the most effective advice.
The best, and most empathetic, stage to bring financial solutions or products into the adviserclient conversation.
You can either listen or watch using the links below:
Listen to Just Covered Watch Just Covered
Getting the most out of your online trust journey
Placing a policy in trust at outset offers lots of benefits for customers but it’s one of the areas you often tell us you need a bit more help and guidance on when it comes to the Zurich adviser portal.
To help make things a little easier, follow these straightforward steps to make placing your customer’s policy in trust a breeze.
To help make things a little easier, follow these straightforward steps and make placing your customer’s policy in trust a breeze.
If your application generates a referral, it’s best practice to wait until after an underwriting decision is made before attempting to complete the trust. If you retrieve an application while it is ‘referred’, the screen will show online trust is not available. This will reappear once a decision has been made.
This is especially important on joint life applications because if one of the lives assured is subsequently declined, this could change the trust arrangements, so getting that certainty is key.
Once a decision is made, we’ll let you know via an update in your portal. You can then retrieve the application and progress it through to issue and place the policy in trust.
With our online trusts, your customer simply needs to specify who they want to include as beneficiaries and any additional trustees.
We’ll then create a pre-filled trust form in draft format. Once you’ve completed the trust screens, the trust request will be held as part of the application and the policy issued subject to the trust. There’s no need for your customers to physically sign it.
If your customer decides to place their policy in trust, we’ll ask them for some additional information to enable us to set this up, including:
Settlor benefits (if they want to include these in the trust or not);
Trustee details (including the option to add up to 3 additional trustees online, you can choose to add more using a paper trust option);
Beneficiary details – this includes the requirement to specify the share each beneficiary will receive as a %. The total of which must add up to 100%;
Once all the relevant information has been entered simply click ‘continue’.
From here you’ll be able to download a draft copy of the trust, along with a copy of the ‘Guide to being a Trustee’.
If you’ve got any questions relating to tax, trusts or any other product related questions, you can contact our highly experienced team of technical experts using the details below:
Technical team
Tax, trust and product related pre-sale enquiries across the Life Protection Platform, encompassing personal and business protection.
This will allow borrowers to buy a property for less than the market value.
While these purchases often happen between family members, Pepper Money will also offer this to tenants who want to buy property from their landlords.
Now, no deposit will be required, and purchases can be made up to 75% of the property’s full market value, meaning borrowers can get a 25% discount.
Paul Adams, sales director at Pepper Money, said:
“This improvement to our concessionary purchase proposition is further evidence of Pepper’s ongoing commitment to help hopeful homeowners onto the property ladder. Concessionary purchase offers many benefits for buyers – not only are they able to obtain the property at a discount, but they could also secure a cheaper mortgage rate in comparison to a higher LTV rate that might ordinarily be associated with first-time buyers”
More information, and for Pepper Money’s full criteria visit HERE
How Accord can support your clients
Accord can use 60% of variable income, including bonuses, commissions and overtime (not exceeding basic salary), and can use up to 100% of income from second jobs if they are permanent and sustainable;
If your client has a pay rise confirmed or is starting a new job soon, Accord can include this income in its affordability calculations;
Accord’s Loan-to-Income (LTI) ratios start at 4.49x income and go up to 5x for incomes over £50,000, as well as Boost LTI lending up to 5.5x LTI for households earning £60,000 or more;
Joint Borrower Sole Proprietor allows your client to add an immediate family member to their mortgage to help improve their affordability;
For Limited Company Directors, Accord can use their share of net profits;
And Accord also consider contractors, including Fixed term, Day Rate and Zero Hours;
Explore Accord’s case studies and criteria for more details.
Nottingham Provide greater flexibility for Foreign Nationals
Nottingham Building Society are on a mission to create innovative propositions that unlock homeownership for people struggling to buy their dream home. One great example of how they are designing products to meet the diverse needs of borrowers is their proposition for foreign nationals.
Borrowers are at the centre of the proposition and the criteria were carefully designed to break down the barriers facing foreign nationals:
Key criteria
No minimum time in the UK; No minimum visa requirements; No minimum income; No UK credit history needed; And up to 90% LTV;
Any visa with a route to permanent residence is accepted, including: Global Talent; Pre-settlement; UK Ancestry; British National Overseas; Health and Care Worker; Skilled Worker; Tier 2 (if granted before 1 Dec 2020); Dependant visas (for joint applicants)
Paymentshield’s Christm game is back for 2024!
On your marks, get set, race! The most exciting event of the year is here. Paymentshield’s Christmas game is back, and the race is on.
To round off the year, we're spreading some holiday cheer with our annual Christmas themed game, which this year is Paymentshield's 'The Fast and the Festive'. We're giving away an incredible prize every weekday from Monday 2 December until Tuesday 17 December.
Each day you can head over to our dedicated 12 days of Christmas advent calendar and see what prize is up for grabs that day. Click on the image and it will take you to the game where you can be in with a chance of winning the prize!
PLAY EVERY DAY FOR A CHANCE TO WIN
This year the Paymentshield pit team are supporting you with the speed and strength to get over the finish line! - To be entered into the daily prize draw, you must guide your driver round the two-lap race track in under two minutes to qualify for that day's draw. It’s one entry per day, but you can play as often as you like. If you complete the challenge and enter your name and email address, you’ll be entered for that day’s draw.
There are prizes from Amazon, Harrods, Fortnum and Mason, and Lego all up for grabs, so be sure to play every day!
One entry per day. To be eligible to enter the daily prize draw, you must be a resident of the UK and have a current Paymentshield agency. A Paymentshield Adviser is a financial adviser or Insurance Broker with either Directly Authorised (DA), as defined by the Financial Conduct Authority, or Appointed Representative (AR) status with a registered and active Paymentshield account. Participant entry is not dependent on business activity. Play the game between 00:00 and 23:59 (UK) for the day's prize draw.
Full terms and conditions are availablehereand on the game site.
