Sesame Bankhall Group has revealed that PMS’s executive chairman, John Malone, has committed his future to the business until the end of next year.

Malone was due to retire from PMS at the end of 2012.

He said: “We have a strong team and by leveraging the strengths of Sesame Bankhall Group we have been able to extend our range of services and drive more value for our members to help them through this difficult period.