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Sesame adds outside platform recommendations

Sesame Bankhall Group will recommend platforms provided by Aviva, Ascentric, Cofunds, Fidelity and Skandia to its advisers alongside Sesame One.

In November, Sesame Bank-hall Group launched its investment platform, Sesame One, in conjunction with Axa Elevate. The proposition was part of a wider initiative to support and train members on using platforms and prepare them for the RDR.

Speaking at the group’s vir- tual platform conference this week, Sesame business development director Keith Gilmour said the network will recommend a number of other platforms offered by tradit- ional, bigger players and smaller wrap providers.

He said: “We believe Sesame One is an attractive proposition and we would encourage our members to use that as their first port of call.

“Having terms of business with these other companies gives our network of members a good balance between fund supermarkets and platforms.”

KS Barrett and Associates IFA Kim Barrett says: “Platforms are the way forward and this move will offer greater variation to Sesame members. This is a step in the right direction for Sesame.”

Yellowtail Financial Planning managing director Dennis Hall says: “It is the right thing to do because Sesame has got such a broad spectrum of members. Smaller firms can manage with just one or two platforms but Sesame needs to offer a much wider range of options to its larger firms.”

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