Graves’ adviser protection club launched just three weeks ago, offering support to advisers throughout the protection sale. Moore, an alumnus of Bright Grey (Royal London) and Scottish Widows, has over 20 years’ experience in financial services marketing, product and proposition design roles.
It’s headed up by Paul Tait, who has experience in banking, fintech, mortgage brokerages and estate agencies and was part of the original team that set up online mortgage broker Habito.
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.