Sesame completes Bankhall takeover

The wholly-owned Friends Provident intermediary network will now be called the Sesame Bankhall Group. Sesame Bankhall will now be the largest appointed representative network, with around 3,000 advisers, and the largest directly regulated service business, supporting over 1,500 firms. Ivan Martin, Sesame executive chairman, will be the executive chairman of the enlarged group - while Sesame's sales and marketing director Stephen Young will be chief operating officer. Martin says: "Sesame, Bankhall and PMS are quality brands and this acquisition puts us in the strongest possible pos...