Sesame says 'scale' all important as Bankhall talks continue

Scott Sinclair
clock

IFA network Sesame says its impending acquisition of Bankhall will give it the "scale" necessary to thrive in a post-RDR world.

It claims any deal, which would also include Premier Mortgage Services (PMS), would create the largest network in the UK with more than 3,000 appointed representatives (ARs). According to Sesame and support services provider Bankhall, the "scale and breadth" of the combined group would enable it to cater for any adviser proposition after 2012. The FSA's RDR Consultation Paper, issued a week ago, suggests splitting the advice market between ‘independent' and ‘restricted' advisers. Independent advisers must offer services based on a "comprehensive and fair analysis of the relevant market" ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

MKC Invest backs robotics as physical AI takes off

MKC Invest backs robotics as physical AI takes off

Conducts four-week internal research project

Sophia Panayi
clock 03 July 2026 • 2 min read
Feel Good Friday: Free paraplanning mentoring initiative expands

Feel Good Friday: Free paraplanning mentoring initiative expands

The Paraplanner Club partners with Fundment

Professional Adviser
clock 03 July 2026 • 1 min read
Wesleyan launches two with profits funds for advisers

Wesleyan launches two with profits funds for advisers

Available on Aberdeen, Nucleus, Wealthtime and Hubwise platforms

Sophia Panayi
clock 03 July 2026 • 2 min read