The Right Mortgage launches retained income retirement package for advisers

The package allows advisers to manage their clients for a variety of circumstances, from catering for periods of adviser illness, opportunities to refocus on specialist areas, and even servicing client books through advisers’ retirement.

The plan already allows for advisers who are part of the network, directly authorised or even those who belong to other networks the option to plan for the future of their business while still retaining an income.

The plan also ensures advisers continue to earn an income from the clients taken care of via the plan, retaining 75% on existing business undertaken with the clients and 50% on any new business that they generate from the adviser’s client bank.

The new no tie-in proposition now allows advisers to ‘try before they buy’ by testing the plan by initially referring one or two clients.

Sam Clark, director at The Right Mortgage, commented: “The proposition of the retirement plan allows advisers to step back stress free, knowing their clients are well taken care of. We offer a range of flexible options to advisers looking to step back and the new ‘try before you buy’ scheme allows those who want to make sure their clients are being looked after well, can give it a go before they decide to take a step away.

"We already have many advisers utilising this partnership and in such an array of ways; this is so much more than a retirement plan and can be built to suit advisers needs as we put the plan together in conjunction with the adviser, meaning they always retain full control too. Ensuring continued provision for clients is imperative for securing the best customer outcomes so we feel what we’re offering the sector is vital to advisers who are keen to plan for the lifetime of their advising journey.”