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Sesame looks at advice 'solutions' after 2015 exit

Sesame looks at advice 'solutions' after 2015 exit

Sesame Bankhall Group is exploring wealth management advice solutions, executive chairman John Cowan has said.

In 2015, Sesame closed its appointed representative network for wealth advisers, following a 2013 strategic review into the network.

But in an interview with Financial Adviser, Mr Cowan said SBG was “examining” the concept of “financial planning and wealth, and we have a variety of solutions”.

Although he stressed there were no concrete plans to return to advice, he said the company was doing more to investigate how it could provide a comprehensive service.

He said: “Customers need advice on their mortgages, protection, pensions and savings. So how do we join that up?”

"The single biggest difference from the business before was that, as the business transitioned from its difficult year, it dropped permissions for advisers to give investment advice, and we are looking again at all of that."

Mr Cowan also said a big focus for SBG was on using technology better to help free up advisers' time. 

Read the full interview with Mr Cowan here.

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