MSN rebukes network claims

MSN continues to actively recruit ARs and is hoping to add a further 100 firms to its network over the next 12 months.

Jason Graham, managing director at MSN, said: “We feel it necessary in light of the continued speculation over who the four networks actually are to ensure both our existing members and new AR’s looking to join us that we were not one of the four. In fact quite the opposite is the case. During a recent thematic visit by the FSA on Controls of Appointed Representatives the FSA confirmed ‘we found your recruitment process very thorough and your firms understanding of requirements, prior to approving the application for a new AR, to be strong’. Our doors are still very much open to those ARs looking to join a quality network.”