Two thirds feel robo-advice won’t meet their needs
69 join academy
Most clients willing to pay for financial advice
Philip Howell named as new boss
Despite claims tech is improving decision making
‘Best of breed’
Between 2014 and 2018
'Ideal candidates' for training
Previously from Openwork
'Record year' for firm
She joins adviser network after 10 years at Metlife
Darren Wilkes ordered to pay for costs by 20 August following investigation into resolved complaint in 2006
SolutionBuilder integrated to help accelerate the selling of protection alongside mortgages
Advisers can now offer life cover to those previously declined
Sesame most complained-about advice firm
Adviser network Openwork has exceeded 3,000 advisers across the group for the first time in its history despite a long-term decline in the number of advisers working in the UK market.
Network Openwork tripled the number of protection policies recommended to clients last year after increasing its adviser capacity.
Openwork and Zurich have signed an agreement that will see the insurer divest its 25% shareholding in the network within the next four years.
Openwork has more tripled its operating profits to £5.5m in 2014, up from £1.7m in 2013.
Network Openwork is to divide its distribution business into three specialist distribution units for wealth, mortgages and protection.
Network Openwork has teamed up with CIExpert to promote the use of its knowledgebase to help members boost their protection business.
The proportion of complaints against advisory groups found in favour of the consumer is significantly below the average for the sector, the Financial Ombudsman Service's (FOS's) latest data shows.
Protection and life cover software firm Ipipeline has teamed up with Openwork to offer advisers a way of producing multiple quotes for protection products which it claims will help them boost their protection sales.
Network Openwork is seeking to attract and develop the next generation of financial advisers through the launch of a training academy.