Virtual Net enables IFAs to conduct all their business via the internet. Online services include membership registration, case submission, real-time case compliance decisions, commission management and training. It also offers product research as well as providing access to a wide range of deals and giving marketing support.
Kevin Friend, strategic partnerships director at Primrose, says: “This appointment comes after a review of Virtual Net’s panel and it is clear that networks are reconsidering who they will allow their appointed representatives to use in our sector.”
Junior Sobowale, chief executive at Virtual Net, adds: “We have limited the number of firms on our packager panel as we only want to work with those that have systems which allow them to trawl the market and identify suitable products from a large number of lenders.”