As we explained in the first article, SATIB and PSG Wealth Financial Planning have entered into an exciting merger. We believe the partnership will be a mutually beneficial arrangement for our businesses and our clients.
PSG-firstEquity is a division of the firstEquity Insurance Group and operates under the PSG Financial Service Provider (FSP) number. This will allow us to take advantage of the value proposition PSG offers to our personal and commercial clients.
As of April, we have transferred our personal lines and small commercial monthly policies to the PSG FSP licence, which will be the financial service provider of record for the merged office. There will be no change to the cover clients currently enjoy as a result of this move. Other than normal renewal adjustments, premiums, and terms and conditions will remain the same. The insurer will also remain unchanged.
Annual and Quarterly policies will be transferred to the PSG FSP at renewal of the policy.
An important element of this merger is that we will compare your current cover to the broad array of offerings available on the PSG platform. Where appropriate we will notify you of any offering which may offer enhanced benefits not available on your current product.
We are excited about this new development in our business and look forward to being able to serve you better as the merged PSG-firstEquity Group office.