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25 August 2010

MD Pension Solutions has added two IFAs to the team as it looks to widen its offering to encompass investment advice. The IFA positions have been created as a direct result of increased demand to offer investment advice. MD Pension Solutions believes that this move will ensure clients have access to a wider range of services which will further support its burgeoning number of affiliations within the mortgage broker community. The two appointments consist of Garry Pilkington and Peter Whybrow. Garry joins MD Pension Solutions from Wesleyan Medical and Peter after a successful career as a fund manager. MD Pension Solutions has recently moved to larger offices and is currently recruiting for additional administrators and advisers to cope with growing demand. The pension’s specialist is fully FSA regulated and operates to the strictest of professional standards. The senior management have many years experience in the intermediary market and fully understand what is required in relation to service, commission and transparency. The FSA’s TCF ethos is fully embraced within all aspects of the proposition. Processes have been specifically designed to not only adhere to TCF guidelines but also to ensure they are at the very heart of company. It specialises in personal pension transfers but is also experienced in annuities, SIPPS and regular contribution plans in addition to a raft of other offerings. It will also pay 1.5% of the transfer amount to the broker and 11% of the first year’s contributions on a regular plan. The pensions referral service comes with the added guarantee that it will not cross-sell to the brokers valuable client base ensuring that the only advice received by their client is the requested specialist pension advice. Mark Clinton, director at MD Pension Solutions, commented: “As an IFA operating in the financial services arena it’s vital that we listen to our clients and our introductory partners so that we can provide an offering to really satisfy all their necessary requirements. With this in mind we are delighted to welcome Garry and Peter to the team in order to help cater for these demands. The introduction of investment advice will help provide addition value both for existing customers and for those mortgage brokers looking to introduce their clients to a specialist firm that guarantees not to cross-sell.” ENDS

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