Adviser / Broking

Sesame Bankhall Group (SBG) has reconfigured its management team following a strategic review that led to the demise of its investment advice network earlier in the year.

The Financial Conduct Authority (FCA) has fined and banned Ralph Whittington, of Savesure Limited, from any function related to regulated activity, after premiums paid by clients were misappropriated.

Positive Solutions has reappeared in the Financial Ombudsman Service's (FOS) list of the top five most complained about advice firms.

Jelf Group is in talks for a possible takeover by Marsh Ltd.

The Insurance Surgery has been bought out by the management from founder Paul Mellor, funded by Seneca Partners' Special Situations Fund.

VitalityLife has launched a Business Consultant Talent Academy to increase their number of business consultants offering support for advisers, with the first eight graduating this month.

Non-advised life insurance broker Protect Line has joined TenetLime's network.

Premier Choice group has hired five new advisers from both the insurance and intermediary markets.

Sesame Bankhall Group (SBG) has lost almost 60% of its network's member firms in the wake of a decision to kill-off its problem-laden investment advice business.

The Right Mortgage and Protection Network has hired Gavin Earnshaw to be its new compliance director.