Increase in ARs not expected

Attendees to the Mortgage Business Expo dont believe there will be an increase in advisers giving up their directly authorised status.

When asked whether they expected to see more advisers moving from directly authorised to appointed representative status over 58% of registered Expo attendees say no.

Over 3,250 registered Expo attendees were polled, of those 1,356 say they expected to see a swing from DA to AR over the coming year while 1,903 say they did not expect to see such a shift.

The current status of the 3,259 registered Expo attendees polled was fairly evenly split between DAs and ARs.