Sesame is offering directly regulated advisers a menu of flexible services for its mortgage and protection proposition.
The proposition includes low fixed-fee pricing with no deductions from procuration fees or commission rates and access to the highest mortgage procuration fees available from all lenders in the open market.
Procuration fees are paid directly to the adviser rather than processed by the network.
There is a choice of protection solutions, with either a whole of market option or a panel of 12 insurers offering market-leading commission levels.
Online compliance assistance includes guidance on IFA rules, training and competence plans, sample procedures and documentation. Comprehensive face-to-face compliance visits will be carried out after regulation comes in.
The proposition also offers access to low-cost professional indemnity cover and discounts on mortgage sourcing software from Mortgage Brain and Trigold. Business development and training support includes workshops and MAQ/Cemap training.
Sesame commercial director Martin Davis says the menu approach will help directly-regulated advisers adapt their business to mortgage and pure protection regulation.
He says: “Our low fixed fees and ability to negotiate the best procuration fees and comm-ission rates means we can offer a compelling proposition for advisers.”