Sesame to shut Financial Adviser School

The firm, which will wind down its network for investment advisers from the end of April, proposed to close the adviser training programme for new entrants as part of the process. It will continue to support its existing students, but will no longer recruit new people into the school as it will not be able to offer them a home in wealth firms within the network, Sesame Bankhall Group managing director Stephen Gazard (pictured) wrote in an adviser update on 20 April. Sesame told advisers in March an ongoing strategic review into the business by parent company Friends Life had concluded...