Openwork is to reduce the charge it levies on restricted advisers writing investment and pension business on its platform.
Openwork has recruited Honister Capital's business development director to recruit advisers, and he has already begun organising new roles for former Honister appointed representatives.
Multi-tie mortgage and financial advice network Openwork has made several redundancies, including mortgage relationship manager Karen Hedges, as part of a cost-saving initiative.
One of the largest appointed representative (AR) businesses within Openwork is to leave the company after failing to agree contract terms.
Sesame has blamed claims management companies (CMCs) for a near-100% rise in the number of complaints against it being referred to the Financial Ombudsman Service (FOS).
Openwork has launched a support service for its advisers seeking financial assistance while transferring to a fee-based model.
Openwork is launching an online support system to help its advisers target and segment their client base.