FundsNetwork extends re-reg offer

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FundsNetwork is extending its re-registration offer for advisers by two months.

Under the original incentive, advisers receive payments for each qualifying client they re-register between 8 February to 30 April but the offer will now run until 30 June. Advisers receive £30 for cases over £10,000 and £60 for cases over £20,000 and £1,200 if they re-register 20 clients per month. Head of UK retail sales at Fidelity International Peter Hicks says the offer has been extended because of the continuing popularity of re-registration. "It is well understood that clients can gain many benefits from consolidating their holdings on to a platform," he says. "Advisers bene...

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