Questions raised over Sesame protection premiums and commissions

An analysis of premiums and commissions found that premiums for protection products sold by Sesame's 'restricted focused' advisers can be as much as 13% higher than for an identical product sold by its ‘universal' advisers. The investigation had been prompted by concerned Sesame advisers. Providers have said the differences are down to Sesame, not them. Sesame Bankhall group chairman John Cowan said the model of charging higher premiums in one part of a business over another is "the general market position, it pertains inside all sorts of financial services businesses". But advi...