Are networks still value for money?

Dissent among network members appears to be growing. Not for the first time in recent years, some networks have been increasing fees as regulatory scrutiny and capital requirements take their toll. Last week, Sesame Bankhall Group (SBG) announced headline fee increases for member firms of up to 50%, though the firm said the impact for the average business would be closer to 10% as it was also increasing their retention of commission. Others are believed to be considering similar hikes. Regulation, said SBG managing director of distribution Nick Kelly, was becoming “significantly more ...