Sesame Bankhall to offer restricted advice service

Scott Sinclair
clock •

Sesame Bankhall will launch a restricted advice service for at-retirement customers with small pension pots.

The group is developing a fee-based proposition that will run alongside its retirement referral arm Gateway. It will cater for consumers with retirement funds of £30,000 or less, for whom the cost of using an IFA "may outweigh the benefits of the advice". Consumers will pay a small fee in return for straightforward financial guidance based on their answers to a simple, online questionnaire. Although its development is at an early stage, Sesame Bankhall hopes to have the service up and running by 2013. Group chief operating officer Stephen Young says: "For clients with pension fu...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advised clients want more personal investment communication

Advised clients want more personal investment communication

Four in ten say comms focused more on product than goals

Jenna Brown
clock 12 November 2026 • 3 min read
How economic abuse manifests itself in pensions, mortgages and protection

How economic abuse manifests itself in pensions, mortgages and protection

Second in a three part series

Shelley Read
clock 11 November 2026 • 5 min read
Celtic FP founder launches online admin platform for advisers

Celtic FP founder launches online admin platform for advisers

‘Developed by people who understand the industry’

Jenna Brown
clock 10 November 2026 • 2 min read