Networks may only find relief from their own financial troubles by raiding other struggling businesses, according to Ernst & Young.
The banning of marketing "packages" between providers and advisory groups would bankrupt most networks and support service providers, Threesixty managing director Phil Young said.
National advisory group Foster Denovo has launched a financial planning service incorporating a transparent pricing structure as part of its plans following the Retail Distribution Review (RDR).
Sesame Limited, the network arm of Sesame Bankhall Group, recorded a loss of £2.5m in 2011.
Sense Network has said it made a profit of £310,000 for the 12 months ended 31 May, an increase of almost 30% on the previous year.
Tenet Group has made a number of changes to its board, with current chairman Lord Hodgson of Astley Abbotts leaving and Martin Greenwood taking up the position of executive chairman.
Industry veteran Ken Davy has criticised the FSA for refusing to restructure the Retail Distribution Review (RDR) following the effects of the banking crisis.
PruProtect has said it is "bullish" about the future for the protection market and that it is aiming to be a major player in the UK market.