Sesame to launch IFA school

Sesame is to launch an IFA school aimed at getting “new blood” into the industry.

The network is planning to start a pilot for the school this summer and is aiming to take on 20 trainees. It would seek to get them qualified to QCF level four within two years.

The school will particularly target people who already have work experience, either in financial services or another sector, rather than graduates.

The network says trainees would be paid a salary, either funded by the member firms who take them on or by providers wishing to sponsor the scheme.

Sesame managing director Nick Kelly says: “We are trying to find a way of getting new blood into the sector, not just by recruiting students, but also those returning to work or hoping to move into the IFA space from another industry as we think many consumers would prefer to talk to someone with life experience.

“It is also a way of helping members to grow their businesses without them having to spend huge amounts of money on recruitment.”


Insynergy in deal on absolute India fund

Insynergy Investment Management has signed an exclusive investment management agreement with Reliance Capital Asset Management to launch an absolute India fund. The news follows the launch of the Insynergy absolute China fund, which uses the long/short skills of GAM’s Michael Lai. Reliance Asset Management (Singapore) will take on the role of sub-manager to oversee the […]

FSA triple probe for RBS

Royal Bank of Scotland is facing three separate investigations by the FSA – into its takeover of ABN Amro, compliance with money-laundering regulations and complaint-handling procedures.


News and expert analysis straight to your inbox

Sign up


There are 6 comments at the moment, we would love to hear your opinion too.

  1. It would be only fair to warn new entrants to financial services that directly authorised firms and individuals must sign away the protections afforded by limitation laws to all other UK residents.

  2. “New blood”, For the vampires?

    It is now written in stone that most of the networks and large IFAs will fall over within a few months.

  3. ……lol. This network can’t even provide their own advisers with free training and study material….lol. Why do they always infer they are giving things for free.

  4. lol! probably because they want to be like simply biz with their not for profit new model business academy which is available to non sbs members to help current advisers gain Chartered Status- it’s always easier to imitate rather than innovate.

  5. Interestingly the ‘New Model Business Academy’ is also open to anyone interested in continuing to increase qualificatin levels or who may wish to begin qualify to join the industry and is entirely free to register. Unlike the Sesame offer the ‘NMBA’ isn’t linked to Simply Biz or their member firms and there are no strings to make you join them – just an offer of support to all ifa’s. If only there was more of this type of support available….

  6. When did grown up financial services bods start using internet abreviations commonly associated with teen girls? LOL – come on guys!

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 advice.

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