No we provide access to distribution for the full product ranges for all of the product providers that we represent.
The IFAnet does not charge the broker for membership, all broker contracts are also held in the broker’s name and he/she retains 100% of regulated broker commission.
A broker holds all his/her contracts with our Preferred Product Providers in his/her own name. At the point that the choice is made to terminate their association as an IFAnet member, the broker has the freedom to move all of these contracts with him/her, with no restrictions from IFAnet.
The IFAnet does not offer direct compliance solutions or admin solutions for a broker’s practice. However, we do provide compliance information and are therefore able to direct broker’s to providers of compliance solutions. These providers are able to present their unique offering to the broker at which point he/she will make an educated decision for his/her own business practice.