IFA service provider, Bankhall, and mortgage payment protection insurance provider, Paymentshield, have joined forces to provide mortgage advisors with a comprehensive compliance service ahead of FSA regulation.
The exclusive arrangement follows Bankhall's recent alliance with Premier Mortgage Services, said the companies, and will create a combined agency network of more than 25,000 advisors.
Paymentshield Chairman Rick Riding said the partnership would allow intermediaries to access mortgage and general insurance products while at the same time allowing them to choose the type of compliance service which best suited their business.
The two companies said they would host a series of roadshows throughout the UK during March 2004 where further details of the partnership and compliance service would be available.
