Blog: Networks face a murky future

Networks face a murky future

clock

Sesame has offered a sweetener to affected advisers to transfer to Bankhall or the preferred network partner. Steve Hagues asks how should the Sesame ARs prepare themselves and what does the deal mean for other advisers tied into networks?

It is no secret that most advisers are likely to follow the route suggested by Sesame, which is to go directly authorised under Bankhall or join the preferred network partner.  The biggest sweetener announced recently was that if this route was taken trail commission could be kept uninterrupted, suggesting departing advisers might see income frozen. They will also have up to six months to return client files, which infers that a shorter timeframe may be the case if they transfer to another network for example.  However, whichever route is chosen, it is still a good idea for adviser...

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

CII: Vulnerable client management is 'an opportunity for growth'

CII: Vulnerable client management is 'an opportunity for growth'

Firms can expand potential client bases

Isabel Baxter
clock 07 April 2026 • 2 min read
Common language used by advisers triggers anxiety and distrust among retirees

Common language used by advisers triggers anxiety and distrust among retirees

Product-led communication one of the biggest drivers of mistrust

Laura Purkess
clock 01 April 2026 • 1 min read
Advisers: Are you even taking your own advice?

Advisers: Are you even taking your own advice?

Exploring the expenditure consolidation conversation

Nick Ryan
clock 25 March 2026 • 4 min read