View more on these topics

FundsNetwork aims to double sales team in 2006

FundsNetwork is hoping to double its sales team from six to twelve in 2006 to meet increased service demand from IFAs.

The platform says sales have grown 43 per cent in 2005 with over 7500 advisers and 300,000 clients now signed up. Research last year showed that over 83 per cent of advisers are now using platforms and 11 per cent more intended to do so.

Next year FundsNetwork plans to launch an offshore investment bond and cash product, and will also be making further changes to its portfolio planner tool. The platform now has 5.6bn of UK assets under custody.

Recommended

Searchlight

John Moon Managing director, Edison Ford IFAs

Sipps could boost local communities

Community Sipps could prevent rural inhabitants from being priced out of their local property market when pension investors start snapping up second homes after A-Day. JB Financial Partner John Bradley says a form of community Sipp could be set up to buy local housing to keep it out of the clutches of second-home hunters. But […]

Sipps set to usurp equity release

Sipps will end up in direct competition with equity release after A-Day and could be a more efficient vehicle to unlock the value of property. By using a Sipp in conjunction with a discounted gift trust, a parent could pass a property on to their child while at the same time releasing equ-ity, minimising IHT […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com