- the ULTIMATE information site for all financial advisers! 26th December 2008 Hi A special issue to highlight some of the opportunities you may not have looked at closely in 2008, with the idea of making 2009 brighter for you and your clients I do wish you all the very best for the season and the New Year, which will be full of challenges, but if we work together we CAN overcome them! Steve @ IFAbonus.co.uk A tip from member Bill Kirk: Finance @ 4% Why not use the facilities on those SSAS's to replace expensive commercial finance with a cheap loan at probably 1% over base - at least until the markets look more positive. Taking Care Of Yor Credit, Car Finance Fraud On The Increase, Bio Fuel warning, Feeling Safe On UK Roads, Used Car Spike and Dutch Help Leasing To Fund New Cars. By subscription via www.FindaPro.co.uk or www.IFAbonus.co.uk Contents of this newsletter: Index 2: Increasing your income through buildings and contents - everyone needs it! 4: Too busy to worry about marketing? 6: 99% of your clients need these...7: 8: Increase your earnings and use travel time wisely 1: Effect of the Lifetime Limit freeze 2: B &C Insurance could be a life line With the housing market almost at a standstill and fewer mortgage products on the market, intermediaries have been one of the hardest hit industries by the recession. IFA's and mortgage brokers need to find new sources of revenue to see them through this tough period and general insurance is the logical solution. Kevin Paterson, sales and marketing director at Assurant Solutions Intermediary (ASI), commented: “Buildings and contents is vital insurance for borrowers and so it’s typically not hard to sell. Unlike mortgages, commission from insurance is received year-on-year and so, even though the commission per sale may be comparatively small, it has a cumulative effect. Some of our IFAs and brokers, for example, selling just one buildings and contents policy per week are generating revenues from the ongoing commission of over £7,000 per annum after just a couple of years and £54,000 per annum after six years.” Furthermore, broadening your remit to include general insurance gives you more opportunities to speak to clients and build a relationship with them. And in this climate, which client wouldn’t be grateful for a better deal and the chance to save some money? Call 0844 248 7832 for an information pack or emailwww.assurantsolutions-intermediary.co.uk 3: Time to get fully covered with PYV PYV is a specialist Lloyd’s broker and market leader in PI for IFAs and Mortgage Intermediaries. Why not add in our highly comprehensive Office Combined package as well as our vital new product, Management Liability Portfolio Insurance. This policy combines cover for Directors' and Officers', Employment Practices and Corporate Legal Liability. Benefits to Financial Advisers - Peace of Mind Our new and improved facilities mean we are now even better placed to provide wide ranging cover and significant premium savings. Although we are pleased to have negotiated exclusive PI schemes with select insurers, we are not tied to any one insurer. We are proud to provide independent and unbiased advice. We now offer a suite of products providing unbeatable value and exceptional protection. More info: Tel: 0207 626 6789 Fax: 0207 626 3406 Email: HERE Web: www.pyv.co.uk PYV Limited is authorised and regulated by the Financial Services Authority (FSA). Registered in England No. 979259 4 Too busy to worry about marketing? Marketing isn’t some intangible service that can’t be measured. Done sensibly and focusing on true objectives, it can add very real value to your business. We could start with a complimentary ‘ Fact Find ’ – Zone in on your primary objectives Identify strengths and weaknesses Suggest manageable and affordable solutions We would look at...
Don’t be put off by the misconception of fancy budgets needed for outsourced consultancy. Just pick from our simple menu of marketing support packages support when you want it – no overhead when you don’t ! Phone Ron Tyler on 0208 502 2789 Click here to find out more www.marketingintegrity.co.uk5: Let Plum Software help to expand your business Almost three quarters of consumers surveyed by Defaqto have not sought any advice about planning for their retirement. The research found that those aged between 16 and 34 are least likely to seek advice about pensions and retirement, whilst men are more likely to seek advice than women. Advisers are currently trying to work smarter and many, for the first time, need to look to marketing to get more business. This could be to a combination of existing and new clients. For existing clients, a flyer and/or e-shot describing the range of solutions that the adviser firm can provide can broaden the scope of advice sought by the client. More specifically, using the above statistics, it is good to build up young clients. Targeting younger people with flyers or eshots aimed towards the pensions market means that at least three quarters of those you reach will probably have no retirement or savings plan in place. Marketing works best if you perpetually remind your prospects of your services. Using Plum software, marketing is easily achieved in seconds. You can monitor all the different campaigns – an automatic record is made of all types of contact - from which success can be rated. Plum software provides all the facilities for you to build up the prospects and then service them as clients. This includes providing a full range of reports and financial analysis. Contact us today to make sure that your future is assured – time spent on getting started will soon show results and you will then own a marketing and servicing system second to none. Phone 024 7622 8888 / 0845 345 8456 or EMAIL or fax 024 7622 8989 or fax 024 7622 8989 6: 99% of your clients NEED you to earn 25% commission (England & Wales only) or just to TCF if you are fee only! will not have Lasting Powers of Attorney in place, and if they should ever have a major accident or illness or lose the plot (about 1 in 7 do) then you could save inordinate grief and aggravation by recommending that they make Lasting Powers of Attorney as well as making sure their Last Will is up to date and relevant (many are no longer even valid!) www.APWW.co.uk/FA.htm to receive full information now, or email if you are not in a hurry! www.Protective-Property-Trust.co.uk www.HomeProtectionPlan.co.uk www.WillCustodian.co.uk (no commission, but a great service!) 7: The easiest way to make money - ever!
Economical, local, probate, ethical, trust administration, deeds of variation (England & Wales). Follow the money and create an extra source of income whist saving money for your clients with:
Click on the banner for more information.
Immediate help needed? All you need is the right family contact and permission for the SWW Trust Corporation to ring and offer help. (Make sure you are recorded as the introducer.) New business enquiries 0800 838 270 Clients are becoming more demanding. Ask yourself three questions:
We all know that the RDR requires advisers to get Diploma (or equivalent) by 2012. But why only do this because the FSA says so; clients are crying out for credible quality advice now. Get ahead of the pack and start generating more income now by working through your Diploma exams. With an average pass rate of 47.89% for the main Diploma exams, the exams deserve more than a little respect. Use our talking books to increase your chances of success. Use our talking books to make better use of the time you spend in the car. We support six out of the seven Diploma subjects: each has 3-5 hours of material for just £37.95 through IFABonus (Usually £39.95). For further details, click here http://www.pstgroup.co.uk/audioproducts.htm To order just email us, confirm the subject(s), delivery address and that you subscribe to IFABonus. CDs are issued in two working days along with an invoice. 9: A Present for your English & Welsh Clients? Probably some of your better clients would find a £14.95 ebook on IHT Planning a useful present. They might even pass it on to a few friends, and the friends might event do the same thing. So the New Year might be unexpectedly prosperous. It's called viral marketing. For just £47*, you can have such a book, which you can sent to unlimited numbers of people, which will direct them to you if they need FS help (which many will). The book will be sponsored by you, have your logo on it and your contact details for FS work. The limitations are they you must agree in writing (not email) not to copy or amend any part of the book or permit anyone else to do so. You can print the book out as many times as you like, provided all pages are included. Payment can be by check or credit card, and we encourage you to send out as many copies as you possibly can, give it away on your website, let the local paper give it away - anything you like as long as it is not changed in any way. www.Inheritance-Tax-Secrets.co.uk/IHTSecretsOrder.doc To plan to get the next edition working for you at no cost: www.APWW.co.uk/FA.htm * Fully refundable if you send us just 12 cases which complete in 2009 (and remind us!) Enquiries: 0800 298 5208 or EMAIL
Steve's other interests, most of which are designed to help you: www.HomeProtectionPlan.co.uk www.PilotTrust.co.uk www.LegalPlanning.co.uk andwww.Inheritance-Tax-Secrets.co.uk - ebooks which members can use as a potentially free promotional toolwww.FindaPro.co.uk - a fantastic site listing a growing range of professions - top locations have given local professionals over 4,000 showings. Be there or miss out, and don't forget to tell fellow professionals to keep checking in to see when they can list - one good turn deserves another!www.SWWtrust.co.uk - trust management, probate work throughout England and Wales with over 60 local executives. Fee share.www.APWW.co.uk - Will Writing the modern way - a top rate service with fee share. www.WillCustodian.co.uk - a great service to keep your clients legal planning secure and up to date !leave Copyright © 2008, Stephen Pett, IFAbonus. All rights reserved. 2 Hankham St Pevensey BN24 5BG |
Do you offer a service which might be beneficial to our members? CLICK Share Incentive Plans 2 x tax cut BIZ OP - marketing editors needed for GIbonus and Mortgagebonus! contact Steve on 0845 129 8858 Free to members but not for long! 3 minute TCF + 25% = potential £10k p.a. Dead client? Keep the beneficiaries onside, save them money and earn too! BACKUP - VITALRolls Royce (can be free if you introduce others) Bargain New Homes (earn from - mention IFAbonus to qualify for commission) BUSINESS LINK - free business info & help! Guides on saving and investing SIPPs and saving for retirement The INSIDER Secrets to selling on eBay!
PROFITABLE Legal Planning explained |
