Sense Network posts £300k annual profit

In unaudited results, the whole-of market business, which was launched in 2007, also said turnover increased by 23% over the same period, to £9m. Sense director and co-founder, Tim Newman, said improved profits were a result of an increase in "good" advisers joining the company. Sense has taken on 16 IFAs so far this year. Meanwhile, both Newman and commercial director of Sense, Steve Young, reiterated the business' commitment to independence. "We believe in the ethos of independence and share our members' passion to give the very best advice to their clients," Young said. "We r...