Sesame is to raise its standard fixed fee for the second time in a year following a "multi-million pound" technology investment.
The news follows a 51% price hike in August due to increased regulatory costs, from £29.20 per week per adviser to £44.20. Speaking at the firm's annual conference, CEO George Higginson (pictured) said IRESS's XPLAN practice management system, currently on trial with about 250 members, would be an essential part of advisers' post-Retail Distribution Review (RDR) proposition. It will allow paperless processing to members of the UK's largest network for about £80 per month, though the precise cost to individual firms is currently unknown. "We are being upfront to say there will be an...
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