Sesame to 'invest millions' in 2010 in members' RDR transition

In an update outlining its priorities in 2010, chief operating office Stephen Young also says the group will invest in recruiting and training the next generation of financial advisers. Sesame finalised the takeover of Skandia-owned Bankhall, along with Premier Mortgage Services (PMS) in October last year. The deal created the largest appointed representative network in the UK with more than 3,000 individual advisers and the largest directly-regulated service business, supporting more than 1,500 firms. "Whilst RDR is the hot topic right now, the wider regulatory environment will no...