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“No, I&#39m not that impressed. Sesame as in Sesame Street makes us look

like a Mickey Mouse industry.”

Roger Versteeg, Versteeg Lister & Co

“It doesn&#39t really concern me as I&#39m not a Misys member, but I think

it is a fairly trivial name for a fairly important industry.”

Gregory Braithwaite G Braithwaite/The Ethical Partnership

“No. It made me laugh, but I&#39m leaving that network anyway.”

Peter Nielens, The Insurance Centre

“No. I&#39ve not given it a lot of thought, but I don&#39t think they have either.”

Simon Venters, The Mortgage & Finance Centre

“No. There are two ways of looking at it – open sesame and sesame

street. I wonder who will be Big Bird.”

Chris Howell, Seaway Insurance Consultant

“No. It&#39s a large, supposedly professional organisation naming itself

after a bun. It is not going to make people sit up. It&#39s ridiculous.”

Anonymous IFA Network member

“Probably not. The general public hasn&#39t got a clue what they mean.

Why do they have to change names and spend a lot of money to reprint

their literature?”

Leonard Mace, Leonard J Mace & Co

“No, I&#39m leaving Misys anyway, and this new brand name won&#39t help.

They don&#39t understand the brokers and if they do know they&#39re not

conveying it very well to their so-called members.”

Lawrence Hayward, Moody Brook Financial Services

No 100%


Raymond James targets IFAs with stock selection division

Raymond James Investment Services is offering an asset managementdivision allowing generalist IFAs to outsource their stock selectionand asset allocation res-ponsibilities on a white-label basis.In a move that the US giant believes is unique in the UK, RJIS isoffering to take on IFAs&#39 investment management duties as soon asthey have pooled their clients&#39 assets and completed […]

Govt is urged to top up savings for less well-off

Virgin Money is calling on the Government to introduce acontribution-matching scheme to encourage the take-up of savingsproducts among low-income groups.It is calling for a means-tested scheme that would see the Governmentmatching savers contributions pound for pound up to a limit of£500.Virgin is also calling for the Government to stop promoting cautiousmanaged funds within the Sandler […]

Advisers want buying rules eased

IFAs are calling for the Government to take action to make theprocess of buy-ing a home in the UK easier and more affordable, saysThe One Account.Its research, called The 21st Century Housebuying Study, is aimed atgauging IFA opinion on the housing market. It found that 80 per centof the 200 IFAs polled want to see […]

Flight flays political elite for persecuting advisers

Conservative Shadow Treasury Chief Secretary Howard Flight haslambasted the “politically correct establishment” for its repeatedvictimisation of IFAs over the last several years.Delivering the keynote speech to the LIA&#39s annual conference inLondon last week, Flight was scathing towards what he perceives asefforts by the political elite to get rid of IFAs but he welcomed thefact that […]


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