'Perfect storm' leads to surge in advisers joining networks

Regulatory pressures

Scott Stevens: “I think there will be as a necessity [to join networks] because the paperwork now that surrounds retaining the independent financial adviser moniker is enormous."
Scott Stevens: “I think there will be as a necessity [to join networks] because the paperwork now that surrounds retaining the independent financial adviser moniker is enormous."
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Interest in joining advice networks has soared in the past 12 months as regulatory pressures have created the ‘perfect storm’ for restricted advice, according to Quilter.

Quilter Financial Planning figures show a 60% spike in the number of firms wanting to join the network in the past 12 months compared to the same period 12 months earlier. Quilter head of recruitment...

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