Founded in 2002, Virtualnet is an internet-based IFA network that covers mortgages, pensions, investments, etc, with a membership of 100 advisers across 60 firms.
Junior Sobowale, chief executive officer of Virtualnet Network, commented: “Members regularly use the expertise and wide product offering of packagers and their services are highly valued. Following a request from a member, we considered KGB Packaging’s regulatory and financial status and its service capabilities and we are now very pleased to welcome KGB to Virtualnet’s limited number of panel packagers.”
Rachel Bancroft, managing director of KGB Packaging, said: “In our developing role as an active link in the mortgage distribution chain, KGB is actively forging links with all sources of broker-based mortgage origination. We are delighted to be part of Virtualnet’s packager panel and we are confident that we will be able to deliver high levels of added-value service to its members in future.”
