Commissions
All agencies are held by you, so all commission will be paid directly to your bank account. threesixty simply instructs the Product Providers to associate your agencies with threesixty’s specially enhanced terms.
We have negotiated competitive commission rates with all of the mainstream Product Providers through regulated commission agencies, and all commission (both initial and renewal) will be paid gross to your own bank account.
Protection Panel
At no additional cost, we offer a Contractual Protection Panel exclusively for our clients’ use, with seven leading product providers. Clients utilising this Panel enjoy even greater commission rates.
The Panel covers Term Assurance, Critical Illness and Mortgage Protection Plans and it has been created following detailed research of the market. The Panel is fully reviewed each year and we also complete quarterly monitoring. This quarterly review measures the providers on the Panel against benchmarks for competitiveness of premiums, service level agreements and complaints. Providers not meeting the benchmarks are removed from the panel immediately and replaced. As a result of the review process the Panel also satisfies the research requirements of an IFA firm to call itself independent when using it.
Mortgage Panel and Procuration Fees
threesixty is also able to provide you with access to its own panel of mortgage lenders. The attractive procuration fees on offer are paid direct to you, but you can of course use any other mortgage club arrangement of your choice.