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'Adjustments' made following feedback from distribution partners ahead of launch next week
1,044 complaints against advisers in six months
Sesame has announced the launch of a new series of protection workshops taking place this summer for its members.
Sesame Bankhall Group (SBG) has bolstered its senior team with the appointment of ex- Pink director Mark Graves as sales director.
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.
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.
All seven products providers featured on Sesame's ‘focussed' restricted advice panel have denied breaching the regulator's rules on inducements, after the network was fined £1.6m last week for selling the coveted spots to the highest bidders.
Sesame, the UK's largest network of financial advisers, has been fined £1.6m by the Financial Conduct Authority (FCA) for setting up a pay-to-play scheme that "undermined the ban on commission payments brought in by the Retail Distribution Review (RDR)"....
Network Sesame has again come out top as the most complained about advice firm, although numbers of cases against it were down, according to the Financial Ombudsman Service's (FOS) half yearly figures published today.
Friends Life has reported a "disappointing" £19m loss for Sesame Bankhall Group (SBG) in 2013.
Network Sesame has confirmed that it is planning to drop its independence mandate for investment and pension advice and move to a ‘whole of market' restricted proposition in 2014.
Sesame Bankhall Group (SBG) has announced it is broadening its restricted advice proposition for advisers and their customers with the addition of group risk products.
Sesame Bankhall Group includes adviser network, mortgage club and support services for mortgage advisers
Networks Openwork and Sesame saw complaints against them at the Financial Ombudsman Service (FOS) rise in the second half of last year, with Sesame receiving over 90% more claims.
Industry insiders have confirmed Friend's Life is touting for bidders for Sesame Bankhall Group as the insurer continues its broader cost-cutting and restructuring plans.
Royal London has joined Sesame Bankhall's restricted advice panel to provide personal and business protection through Bright Grey, and pensions and retirement products through Scottish Life.
Protection is seen as a key growth area by IFAs with almost two thirds optimistic about increasing business in the sector this year.
Advisers are at risk of further FSA action as miscommunication between AIFA and the ABI means many are not aware of critical illness (CI) sales guidelines released last year.
Mortgage advisers are more efficient at selling protection than IFAs, John Cupis tells Paul Robertson, while IFAs have decisions to make