View more on these topics

Sesame adds first private bank to panel

Sesame has added Investec Private Bank to its panel in a bid to offer solutions to advisers’ high net worth clients.

Investec is the first private bank to be added to the network’s panel.

Clients typically have a net asset value of £3m and income of £300,000 to work with Investec on their mortgage.

Investec says it has a particularly strong focus on financial professionals, entrepreneurs, international and professional clients whose income can often be complex, including foreign currency.

Sesame director of mortgages Jane Benjamin says: “Private bank lending offers something entirely different to the traditional approach of high street lenders and the inclusion of Investec Private Bank to our panel is a very positive addition for our brokers, many of whom have high net worth clients and will value a lender that can take a completely bespoke approach.”

Investec business development manager Peter Izard says: “The number of high net worth individuals in the UK is growing, and we recognise that these clients have unique and often complex circumstances that require a specialist and bespoke approach. The addition of Investec Private Bank to the Sesame panel means that appointed representatives of the network now have access to an entirely new option and this opens up new opportunities for brokers, their clients, and for Sesame.”


Cyber Security

Financial advisers risk underestimating cyber security

Advisers risk underestimating the threat of cyber crimes, analysis from NextWealth, on behalf of FundsNetwork has suggested. The survey of 206 advisers showed that planners are primarily concerned with the challenges presented by compliance and changing regulation – with only a small percentage worried about attacks on their systems or managing clients’ concerns about cyber […]


FCA ‘ignores’ conflict of interest between phoenix firms

The FCA was made aware of a conflict of interest between two firms which resulted in the loss of an individual’s entire pension but took no regulatory action, says the Complaints Commissioner. Commissioner Antony Townsend says a complainant received advice from an FCA-regulated adviser between 2009 and 2015. In 2010, while the adviser was employed […]

Katya McLean

Guardian promotes Katya MacLean to interim CEO

Protection challenger Guardian has appointed Katya MacLean as interim chief executive. The incumbent chief executive Simon Davis is taking an extended sabbatical for personal reasons. During this time, he has stepped down from his director duties. Former chairman Peter Mann will take the role of executive chairman. MacLean has been promoted from  chief operating officer […]

Drawing up a drawdown plan

Using risk targeted funds in drawdown When it comes to investing in funds at drawdown, investors often lean towards low risk. This is because low risk funds typically carry lower volatility, which leads to lower fluctuations of returns. They can also help manage sequencing risks and lead to a more stable monthly income. This might […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm