Sesame: Other firms use ‘pay-to-play' schemes too
Sesame is "not alone" in selling places on its restricted panel of product providers to the highest bidder, executive chairman John Cowan has said, as the network reels from a £1.6m fine for the banned practice.
The Financial Conduct Authority (FCA) found Sesame had set up what it termed a ‘pay-to-play' scheme. That meant the range of products recommended to Sesame clients under its restricted advice service...
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