Time to look at a network?

The changing adviser landscape has led many IFAs to scrutinise their business model and question whether belonging to a network will benefit them in the future. Commentators believe the recession, RDR and a proactive or even intrusive regulator, have put the topic of networks back on advisers’ agendas. Nick Kelly, managing director of Sesame Bankhall, says IFAs are facing mounting pressure to be RDR ready. “Choices have to be made. They’re asking, ‘Do we try and manage risk internally or do we talk to a network and look to free time up to focus on clients, for example’,” he says. F...