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Openwork reveals network growth

Openwork has grown its network base to 2,500 advisers.

The number of advisers with Openwork at the end of 2006 was 2,451 but in the last two months the company has recruited a further 49 advisers.

Phil Mogford, recruiting director, at Openwork, says: Since our launch in 2005 with 2,200 advisers we have consistently proven we have an overall proposition in the marketplace that works.

Our manpower results have hit a high this past week at over 2,500 advisers ensuring we are on target to achieve our objectives for 2007.


Help networks to help smaller firms

Small firms aren’t ready for the Treating Customers Fairly initiative so the FSA must either give them a helping hand or support networks in doing so, says Justine Tomlinson

National financial advice service could stabilise industry

The financial services industry will benefit from government plans for a national financial advice service, research from the Resolution Foundation reveals.The research, commissioned by the Resolution Foundation and carried out by Deloitte, shows that increased access to financial advice among people on low to moderate incomes would lead to increased take up of long term […]

Split over education on cover deals

Brokers are split over whether protection providers should give them more education about their products, says Alliance & Leicester.

Pension savings-2015

Overseas transfer charge

By Jim Grant, Senior Product Insight & Technical Support Analyst, Royal London Transfers to overseas pension schemes are not recognised transfers unless the transfer is to a Qualifying Recognised Overseas Pension Scheme (QROPS). A transfer to an overseas pension scheme that isn’t a QROPS is therefore an unauthorised payment and taxed accordingly. However, even if the […]


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