Sesame network's appointed representatives now have access to a holiday let exclusive five year fixed rate product via Leeds Building Society.
A total of 67 of Sesame's near 2,200 member firms have decided to leave the network following its decision to operate as a restricted advice business, group chairman John Cowan has said.
The outlook for the financial services sector is seen to be improving as a consequence of the Retail Distribution Review (RDR), but most advisers report protection sales continue to lag following its introduction.
Sesame advisers will no longer be able to recommend non-mainstream investment products under the firm's new restricted proposition, managing director Stephen Gazard has said.
Sesame Bankhall chief executive George Higginson is leaving the group after three years at the helm.
Fines levied by the regulator against the financial services industry soared by almost 50% this year, as the tougher stance of the new Financial Conduct Authority (FCA) left its mark.
Network Sesame has confirmed that it is planning to drop its independence mandate for investment and pension advice and move to a ‘whole of market' restricted proposition in 2014.
Sesame Bankhall group (SBG) has teamed up with Aviva to provide real-time, up-to-date valuations on pension and investment products.
Bankhall is urging firms to identify and review emerging risks within their business in light of the Financial Conduct Authority's (FCA) increasing focus on retail conduct risk - and has launched a tool for advisers to help them.