Mark Duckworth: How Openwork is taking control of its destiny

Openwork has, to use an overworked phrase, been ‘on a journey'. As recently as five years ago, the adviser network was losing in the region of £1m a month and found itself both the subject of a section 166 ‘skilled person' report and on the FCA's watch list. From this less than auspicious position, however, it has steadily rebuilt its relationship with the regulator, its advisers' qualifications and its reputation. "I like to think we have achieved a lot over the last five years," says Openwork's chief executive officer Mark Duckworth, who joined the group as commercial development direc...