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Ivan Martin
Sesame Bankhall Group today backed MPs’ call for a 12-month delay to the implementation of RDR, saying the move could mean an additional 500,000 clients continue to benefit from advice from its IFAs.
Sesame Bankhall executive chairman Ivan Martin has warned IFAs not to rely on any radical overhaul of RDR, despite expressing concerns about the changes being made.
Sesame Bankhall Group is to launch a school for budding advisers to help "attract and nurture" the next generation of IFAs.
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A virtual conference examining what advisers need to do to become RDR compliant is being launched by Sesame Bankhall Group for its members.
Sesame Bankhall Group says it will “invest millions” in 2010 to support its member firms make the transition to be RDR-compliant by 2012.
Sesame Bankhall Group is calling on the FSA to consider a standard factoring scheme.
Newly-formed intermediary giant Sesame Bankhall Group will immediately set about helping its IFAs transition their businesses to be ready to operate an adviser charging model from 1 January 2013.
Ivan Martin, the former head of the Misys banking software division, walked away from the company last year with a near £1m pay-off, reports the Independent .
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