Sesame doubles case checking as FSA gets 'intensive'

The Friends Provident-owned company used to check about 15% of business written by its member firms but now reviews as much as 40%. Higher-risk cases, such as pension transfers, are checked more often. Sesame makes clear it has upped its business checking procedures not as a result of FSA intervention, but to pre-empt more intrusive regulation and ensure a fairer outcome for consumers. As part of the new arrangements, it has agreed an initial three-year deal for Redland Business Solutions to tailor its Insight T&C system for the network's 1,500 appointed representative firms. That ...