sesame

Misys has pulled out of talks which would have seen Sesame, the IFA support services firm and networks, sold to a new owner.

Sesame, has endorsed UNIPASS for use by its members, Origo has revealed this morning.

One in ten Brits believe depolarisation is a new anti-frosting mechanism for fridge freezers, according to research by IFA support service Sesame.

Compulsion still rides high among advisers as a solution to the current pension crisis, new research reveals.

Ignorance or foolishness seem to pervade punters views on how much they need to save for retirement, according to a Sesame survey of expected pension funds required to live comfortably in retirement.

Andy Young is leaving Sesame to take over as managing director of The Business Mortgage Company (TMBC

Member productivity has increased at Sesame towards the end of the year, however, revenue at Misys' financial services division is still down 16% on last year because of continuing pressures, according to the firm's annual results.

IFA firm Read Independent Financial Advisers Limited has been fined £150,000 by the Financial Services Authority for what it calls "serious defects in its sales process" and other handling aspects pension unlocking cases.

The Exchange has managed to poach as its newest employees two former Misys employees responsible for developing IFA technology.

Network Sesame has been hit with an FSA fine of £290,000 for failing to properly oversee one of its member firms in dealings involving early cash release from pensions.