Letting a network work for you

While some networks have come and gone, some compelling arguments remain in favour of the survivors and their brokers

I am always surprised when brokers say that they can manage without being in a network. Only when they feel they can no longer manage, would they consider signing up to one.

A network comprises a large number of relatively small firms, most of which are owner-managed businesses. It would be unusual for such firms to have much in the way of spare capacity in which to address anything other than the day-to-day running of the business. Tasks such as marketing the business, becoming and remaining

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FSCS gives first insight on increasing levy to £394m

The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.

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