IFA network Sesame says its impending acquisition of Bankhall will give it the "scale" necessary to thrive in a post-RDR world.
It claims any deal, which would also include Premier Mortgage Services (PMS), would create the largest network in the UK with more than 3,000 appointed representatives (ARs). According to Sesame and support services provider Bankhall, the "scale and breadth" of the combined group would enable it to cater for any adviser proposition after 2012. The FSA's RDR Consultation Paper, issued a week ago, suggests splitting the advice market between ‘independent' and ‘restricted' advisers. Independent advisers must offer services based on a "comprehensive and fair analysis of the relevant ma...
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