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Sesame in talks to exit Iress contract

Sesame Bankhall Group is in talks with Iress over its 10-year contract with the technology provider. Money Marketing understands Sesame is seeking to exit the contract after ceasing to operate as a network for investment advisers in July. Sesame announced it was scrapping the investment network in March following a strategic review. Under the deal, […]

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Zurich looks to cut admin and support roles

Zurich UK Life is looking to cut administration and support roles as part of a restructure of its retail sales team. The provider says it anticipates reducing the number of roles by 29 and has entered a consultation period with those affected. Zurich says it also plans to “streamline” some of its management functions with […]

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FPC: ‘No immediate cause for action in buy-to-let market’

The Financial Policy Committee says there is “no immediate cause” to take action in the buy-to-let market. However, the Bank of England committee says it is “alert” to the sector’s rapid growth and “potential developments in underwriting standards”. Minutes from the FPC’s meeting this month say: “The FPC judges that there is, at present, no […]

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