Online IFA network Virtual Net has teamed up with six life providers to launch its ‘School of Excellence' seminar service of new business ideas for its IFA members.
Details of the service include an online support area for members of its network and study-group education events, and an electronic news magazine, supplied by Technical Connections.
Virtual Net will work with six providers including, Abbey, Clerical Medical, Friends Provident, L&G, Scottish Equitable and Standard Life to present one day every quarter at which IFAs meet and exchange business ideas.
First of these seminar days will be an exclusive invitation-only meeting on November 2 at Kilworth House Hotel in Leicestershire. All conclusions drawn from the meeting will later be shared with the entire network membership through the new support area on site.
Junior Sobowale, CEO of Virtual Net, says while Virtual Net works to ‘strip’ out unwanted costs and duplication, there is also a time where ‘interaction is of benefit and the schools of excellence have been established to serve that purpose’.
He adds: “Our members want to transact business online for their clients, provide advice to clients on Pensions A-Day and generally continually improve their service offering to clients. Virtual Net, through its new Schools of Excellence and face-to-face meetings, explores the opportunities and the benefits for everybody.”
A team member from Virtual Net will chair each seminar session, along with two providers, who as a team will work through sales and support ideas, and/or discussion points.
The first topic for discussion will be: ‘Pension A-Day’ - How do I increase business now, facilitated by Clerical Medical and Legal & General.
Later discussions will include 'Mortgage & Protection' - What can I do better and issues to address before and after deregulation, with presentations by Abbey for Intermediaries and Scottish Equitable, as well as discussion on 'Running a quality IFA business in 2005 and beyond' - Sales, marketing and business process ideas from Virtual Net members as well as Friends Provident and Standard Life.
Virtual Net is the UK's first fully internet based IFA network, providing a service to small, medium and larger sized IFAs.IFAonline
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