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Sesame Bankhall recommends host of platforms

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

In November, Sesame Bankhall 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 preparing for the RDR.

Speaking this morning as part of the group’s virtual platform conference, Sesame business development director Keith Gilmour said it was also recommending a number of other platforms offered by traditional larger 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 companies gives our network of members a good balance between fund supermarkets and platforms.”

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Comments

There are 4 comments at the moment, we would love to hear your opinion too.

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

    FSA: “Assuming that use of a platform is in line with the client’s best interests, and leads
    to advice that is suitable (and it is crucial to note that use of a platform will not be the
    right solution for every client), we accept that an independent firm may be able to use a
    single platform for the majority of their clients.
    However, a number of concerns arise with this approach…………………..”

    Confused?????

  2. What about Transact? What’s wrong in allowing Transact and/or Novia as well?

  3. A Smoke screen Remember what garbage Life companies pedled. Be like Anthony Bolton and go with what you believe.

  4. Seems like a very strange list to me. Where is Standard Life? Platform of the year and one of the fastest growing wraps.

    The omission of Novia is not a surprise, but you would expect to see Transact if you had Skandia present.

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