Network membership should decline in depolarised climate

depolarisation

Membership of IFA networks is likely to decline in the long term as advisers begin to recognise that they add little value and a network's failure could jeopardise overall business and cashflow

As we come to the end of polarisation, the debate about the future of IFAs and networks which has rumbled on for the past 12 months is reaching its climax. Many product providers and networks have already placed major bets on multi-ties dominating financial advice in a depolarised world. But the key question remains the same: will multi-ties swamp the IFA sector or will the remote managements sitting in their ivory towers once again misjudge the strength of the IFA sector? Many of these large organisations have an uninspiring track record when it comes to predicting the shape of distribut...