networks

Does Prestwood have the Wow factor?

Financial advice firms will avoid the lure of joining a national or network IFA in the build-up to 2012 and instead look to join forces with like-minded propositions, research suggests.

Sesame has defended itself against accusations networks are not doing enough to help members reach the Level 4 qualifications required under the RDR.

Network Data has bought fellow network Mortgage Broking Services Limited (MBSL) for £2.215m.

A company designed to help adviser firms select an appropriate network via an online blind-date has been launched.

Over the last six months revenue at Sesame has risen by 3% on a year-by-year comparison, increasing speculation Misys may again be looking for a buyer for the company.

Packagers and networks have been warned they need to evolve further if they are to survive in the mortgage industry.

Only one lender has responded to a request from The Finance Centre (TFC) for detailed monthly reports of the amount of business being conducted on different FSA numbers.

Interdependence and the M&E networks have been voted by members to be the best in the IFA sector, ahead of last year's winner Berkeley Independent Advisers.

Since the story broke earlier this week of a potential change in the VAT treatment of networks and Appointed Representatives, there has been a lot of confusion as to what the issues really are, who the VAT is being imposed on, and why.