Big Figure

This is the combined amount Aviva and Friends Life have offered Sesame to cover adviser liabilities.

Aviva, which bought Sesame’s previous parent Friends Life earlier this year, has offered Sesame £25m to cover liabilities they may struggle to meet from their own coffers, which have been hit by a series of regulatory fines in recent years.

Friends Life has also promised a further £20m to fund the costs of past business reviews and restructuring of the business.

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