Openwork, which has around 3,000 advisers, conducted a market review in quarter four 2014, inviting tenders from key players including Enterprise.
Paul Shearman, mortgage and protection proposition director at Openwork, said: “After an extensive review of the market we concluded that Enterprise Finance, with its well-rounded proposition, commitment to innovation, and fantastic relationship with our members, is still the right specialist distributor for us.
“The new contract provides surety for both parties, an important consideration given the increasing investment required ahead of forthcoming regulation. We look forward to growing our business together by delivering a market leading proposition for Openwork’s advisers and their clients.”
The network has worked with Enterprise since 2005.
Harry Landy, sales director at Enterprise Finance, added: “We have been working with Openwork and its management team since inception and that has given us a very good understanding of what the network wants for its advisers.
“It’s gratifying that our proposition and continued dedication to providing the highest level of service to our introducers has been recognised by Openwork’s decision to continue working with us on a long-term basis.”
