Openwork offers cash flow help for adviser switch to fees

The network has promised to pay the broker fees for members looking for unsecured loans, commercial mortgages, secured loans or overdrafts. It will also enable advisers to access funding for consolidation, growth, acquisition, recruitment and retention and working capital. Proposition director Philip Martin said: "The transition to fees will inevitably put firms' cash flow under strain and our initiative will enable advisers to access the funding that is right for their business at no cost in terms of broker fee. "This initiative is another valuable addition to our RDR support prog...