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Little Deed

Openwork, a 2,350-strong multi-tie network, was launched in June 2005 when the UK’s Olympic bid was still in doubt, the McCartneys were a happy couple and the finance industry was beginning to adjust to depolarisation. The exclusive multi-tie business was developed to meet the growing need for financial advice in the UK, offering clients and advisers choice, while still being a profitable business. Openwork is a limited liability partnership, with advisers and employees owning 75% of the business.

The Openwork name was chosen to reflect the changing landscape in financial services and the company’s mission to be ‘the network of advisers that clients trust’. The recent brand campaign featured the strap-line ‘More of what you are looking for’, which encapsulates Openwork’s recognition that the world of selling financial services is changing, and that advisers need help adjusting to it.

“The name Openwork was chosen as it represents the sort of business we were trying to create – a network of open communication, open architecture and one that works together,” says Stephen Leaman, chief executive of Openwork. “We felt Openwork conjured up what we were trying to achieve. The name represents our openness and transparency, something our advisers, partners and employees felt they could connect to. The world of financial services is constantly changing and we are open to that change.”


paaleads launches telephone leads service has launched a new telephone qualified mortgage leads service called Qualified by Telephone. The scheme gives intermediaries greater opportunity to access quality leads and boost business profitability. The QbT service presents a significant opportunity to pass leads straight to intermediaries without delay.Whilst on the phone, a team member will confirm the QbT lead […]

Only 57% back Conservative Right to Buy scheme

Just 57% of Mortgage Strategy Online readers think the Conservatives’ revamped Right to Buy scheme is a vote winner. This is despite a recent poll showing the Conservatives to be finally making headway and ahead of Labour. This week Mortgage Strategy asks: “Would you advise a first-time buyer to take out a ‘death bed’ mortgage?”

Primrose to integrate in real time with lenders

Primrose has confirmed that it is finalising plans to offer full real-time integration with four lenders and provide brokers with point-of-sale binding decisions via its evaluate technology. Kevin Friend, national accounts director at Primrose, says it is working with GMAC-RFC, Advantage, Kensington Mortgages and Platform to integrate with their systems in time for its launch […]

Lenders take flak over PPI

Payment protection industry pundits have slammed lenders for hijacking the industry and giving it a bad name. Providers say the PPI industry has been taken over by big lenders and high street retail banks, and they predict the mortgage payment protection industry is in for the same fate if lenders aren’t stopped. Shane Craig, managing […]


Guide: reporting to the Pensions Regulator — what and when?

Johnson Fleming has published a step-by-step guide demonstrating the importance of record keeping and reporting, and how it can ensure you operate a successful scheme. The guide takes you through some key questions you need to ask and identifies the information you need to obtain. The topics include: why you need to keep records and the benefits of doing this; registering your scheme; what information you need to record to ensure you meet the Pensions Regulator’s requirements; and what items need to be recorded and when.


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