Merry Christmas from Hodge, We come bearing a gift to our intermediary partners!
I am delighted to share with you some great news. Hodge will be increasing the Proc fee for Product Transfers across our full product range from Monday 18th December from 0.25% to 0.30%
To clarify, any PT application received from Monday 18th December will be renumerated at the higher Proc fee rate of 0.30%
Any PT applications received prior to Monday 18th December will be paid on the existing rate of 0.25%
Attached is an amended Proc Fee Schedule, please update your records accordingly. We will be sending a press release on Monday to inform the market, I have attached a version for you ahead of the general release. We will also be sending out communication to all registered Brokers on Monday however we are happy for you to share with your Brokers ahead of this.
We would like to thank you and your broker community for the continued support during 2023 which has been a somewhat turbulent year for us all. Looking ahead towards 2024, it is full of opportunity and great things to come from Hodge, so please watch this space.
Any questions let me know.
Best wishes
Andrea Roberts
National Account Manager – North, Hodge
07891 941718 | hodgeforintermediaries.co.uk