The company offers its members a number of advantages that differentiates virtual networks of its competitors. Benefits include a choice of charging structure, 24 hours instant respect decisions, assistance to the transfer of membership from other networks, preferential banking services with HSBC, and the ability of members to share in the capital the company.

Virtual Net has been developed in response to growing unrest among IFA 's with the quality of service provided by other networks. By providing access only via the Internet, Virtual Net is able to ensure a rapid, efficient, 'always on "service where costs are kept low and expenses are kept at very competitive levels.

Virtual Net is funded by a number of individual shareholders who collectively have extensive experience in the IFA market.

The net has developed a virtual industry-first structure filling, which offers IFAs a choice of three different options. The structure of filling reflects fixed for the commission based or 'pay as you go 'choice.

Option 1 - Pay As You Go. We instruct £ 150 on a transaction 125 per month per person registered. This ideally suitable advisers that don 't produce large volumes of business for a year but produce substantial levels of the commission on each case they submit.

Option 2 - The Commission based. For advisers who deal with large volumes of business during the year, the option of filling based on the commission may be more appropriate. We make a charge ranging from 4.75% to 12% depending on the volume and £ 125 per month per registered adviser.