Sesame Bankhall Group

The proportion of complaints against advisory groups found in favour of the consumer is significantly below the average for the sector, the Financial Ombudsman Service's (FOS's) latest data shows.

Restricted adviser network Sesame would be broke and unable to trade without the continued financial support of its parent company Friends Life, Aviva has said in a note to shareholders ahead of its planned acquisition of the provider.

Sesame, the adviser network arm of Sesame Bankhall group, has reported a loss for 2012 of £9.3m - four times its losses in 2011 - as a provision for a regulatory fine took its toll.

Sesame Bankhall Group (SBG) has increased its restricted advice proposition with the addition of individual and corporate private medical insurance (PMI) products from Aviva and PruHealth.

Sesame Bankhall Group has announced its executive chairman Ivan Martin is leaving after six years with the group.

Personal Touch will be launching a legal proposition for adviser members, with plans set to get underway in the third quarter of this year.

Sesame Bankhall has confirmed Barclays has been appointed to review "strategic options" for the group, seemingly confirming industry speculation that parent Friends Life is putting the network up for sale.

Sesame Bankhall Group (SBG) is launching a new General Insurance (GI) portal giving advisers access to products underwritten by a range of leading UK insurers.

British Friendly has been added to Sesame's approved list of protection providers.

Sesame Bankhall Group (SBG) is to raise its adviser charges for firms by more than 50%.