Since its launch five years ago, Paradigm Protect has run two protection panels – a preferred whole of market offering and an elite choice – but will now provide access to all its providers and products via one panel open to all directly authorised (DA) firms.
Around 30% of consumers miss out on cheaper mortgages that are just as suitable, costing them an estimated £550 a year.
This follows a 25% increase in turnover in its previous financial year to £50m.
Some two out of five advisers (38%) said there is a definite opportunity to help more customers over the next two years while 40% said there could be.
Nationwide Intermediary Solutions scooped Lender of The Year, Carrington took home Overall Broker of the Year and Aldermore won Specialist Lender of The Year.
It’s the first time a new market entrant has been chosen for Openwork’s ‘best of breed’ panel, and sees Guardian appear alongside current incumbents: Aviva, Legal & General, Vitality Life, Zurich and LV=.
The session featuring these renowned sector luminaries tackles a broad range of areas including increasing FOS limits, the value of advice, the advice gap and the challenges currently facing the adviser community.
Up to 1,000 advisers are expected to attend one of 10 roadshows across the country, which run for the next four weeks until 5 April, with presenters from provider partners and Openwork.
MCI, which provides members with a suite of services including a comprehensive lender panel, now has access protection product options, as well as the proactive expertise, training, development and marketing support that Auxilium is offering.