Networks must make switching process easier for IFAs

'Moving networks is not something that IFAs should do lightly'

clock • 4 min read

Ahmed Bawa explains why switching networks needs to be a simple process for IFA businesses...

Determining whether to be directly authorised (DA) or an appointed representative (AR) of a network is a big decision for any IFA firm. Do they want to go it alone, follow their own path, or make use of the support and structure offered by a network? However, what can easily be overlooked is how different the experience is for ARs depending on which network they opt for. After all, there are so many different networks to choose from, all of which provide their own individual levels of assistance, meaning that ARs can have quite significantly different interactions with their principal...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Protecting adviser businesses from fresh money laundering risk

Protecting adviser businesses from fresh money laundering risk

Lawyer discusses Court of Appeal ruling

Ben Cooper
clock 04 October 2024 • 4 min read
Profession must challenge perception of advisers 'hangover'

Profession must challenge perception of advisers 'hangover'

‘Definitely social mobility in the profession’

Jenna Brown
clock 04 October 2024 • 1 min read
Why engaging directly is key to identifying customer vulnerabilities

Why engaging directly is key to identifying customer vulnerabilities

'Engaging directly on vulnerability is new and still feels quite alie'

Andrew Gething
clock 02 October 2024 • 4 min read