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Is your network a kindergarten cop?

ended 01. July 2025

Just saw this post on LinkedIn by Ash Borland while watching the latest Squid Game in a bath full of ice cubes and frozen peas. Do you feel that your (or some) networks are guilty of business prevention - or compliance that borders on business prevention? Do you feel like your network treats you like you're in kindergarten when it comes to financial promotion — and is limiting you commercially? If you’d rather remain anonymous, just send your thoughts to editors@newspage.media. Equally, if your network is ace and lets you loose with a biro on the socials rather than a 2B, and lets you run a business, feel free to sing their praises.

2 responses from the Newspage community

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The core issue is that many mortgage broker networks, haunted by the spectre of the FCA (who could blame them?!) and colossal fines, have fostered a culture not of compliance, but of deep-seated paranoia. This translates into a box-ticking paralysis where entrepreneurial flair is treated as a compliance risk.

When my mortgage broker can't post a timely, insightful comment on LinkedIn about market movements without it going through a three-day compliance review designed to sanitise it into bland corporate mush, he/she loses relevance and commercial edge. The irony is that this often has very little to do with protecting the consumer and everything to do with protecting that network's Professional Indemnity insurance policy. Tells you whose interest matters supreme in the mortgage game these days, innit?
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I don't think it's case of networks doing some monitoring versus others that don't. The speed of which social media has developed in the form of business promotion has escalated so quickly, it's taken networks and firms too long to action and regulate. However, I think it will becoming the norm across networks to have media reviewed to ensure there is no come back with wrong advice.

Sadly, there is some rather awful things seen online, but I believe it's a case of networks trying to protect themselves and clients in actioning on wrong information which could result in huge financial losses.