Sesame has no serious competition in the marketplace and remains the biggest and best distribution group in the UK, according to chief executive Patrick Gale.He claims Sesame is the biggest distribution group with 7,000 registered individuals and writes the most business. “I do not see we have many competitors at all. The new players are not a threat. We do the most work for the market as we are the biggest group of distribution and we offer more choice. I am not concerned about anyone else,” says Gale. He says he is best positioned to be the IFA’s industry voice because his focus on professionalism is unprecedented and his presence on industry groups, such as the Chartered Insurance Institute’s faculty of life and pensions and the Retail Financial Services Group’s panel, is all that advisers need to have their voice heard. Gale says: “I am the only IFA voice on the panel. There is no need for other representation because I am invited to be on the panels because of my passion for professionalism.”
In the May stockmarket correction, emerging markets and high-beta stocks were among the hardest hit by investors’ flight from risk.
Fidelity is hosting its annual investment forum at seven venues across the country from September 25-29. Speakers will include Anthony Bolton, Jorma Korhonen and Tim McCarron at venues including Edinburgh to Southampton. FundsNetwork will hold IHT and estate planning workshops before each forum.
My last article outlined three pension topics to finish my series on topical retirement planning issues. Most of that article elaborated on the definition of dependent within pension schemes and annuities but I briefly moved on to the relevance of tax-free cash.
Perceived expense and difficult implementation are the key barriers to financial services firms using adviser extranets, according to a survey by Focus Solutions.The survey, carried out in conjunction with Sun Microsystems, surveyed a sample of 35 attendees of Focus’ July event entitled Enabling true multi-channel delivery Extranet services of the future”.Key objectives for implementing an […]
In June 2016, immediately before the Brexit referendum, a curious thing happened. Despite the colossal uncertainty facing the UK, economic data actually started to come in above consensus forecasts. Citi’s economic surprise index nudged into positive territory, which meant that UK economic data had on the whole outperformed consensus forecasts over the prior three months. […]
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