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Bankhall launches new range of support services

Bankhall is offering advisers a range of new support services alongside existing regulatory and compliance systems.

From today, advisers using Bankhall will have access to new services including employee beneifts support, PI cover, document management systems and legal services.

Howden Employment Benefits will offer Bankhall users auto-enrolment and middleware solutions. Advisers will also be able to use Howden Insurance Brokers to access Bankhall-specific PI cover.

In addition, Bankhall members will be able to use Dataspace – a new data and document management system.

There is also a new web-based business management system available from Intelliflo Intelligent Office.

Firms will also be able to offer legal services to clients without the need for extra qualifications.

Sesame Bankhall managing director Stephen Gazard says: “Given our history of providing compliance and regulatory support these services will always be a central part of what we do.

“However, we have seen a clear demand to expand this offering by providing our members with everything from employee benefits propositions to helping with the efficient management of company data.” 

Separately, Sesame, the network part of Sesame Bankhall Group, was fined £1.6m by the FCA last week for using “pay to play” distribution deals.

Last year, the network was fined £6m by the FCA for failing to check advice was suitable and poor systems and controls.



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There is one comment at the moment, we would love to hear your opinion too.

  1. Why was mention of Sesame’s fine included in this article? It is irrelevant and inappropriate and unfair on Bankhall. A good news story trashed by MM.
    Yes, over the years Bankhall has sadly failed to provide real support for DA IFAs but at least they are now doing something positive. But they want to look at the competition to find out what real support is since moving from Bankhall has been an eye opener for us.

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