Sesame Bankhall Group grows restricted advice proposition

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Royal London has joined Sesame Bankhall Group’s (SBG) range of product providers.

Royal London will offer a range of pensions and at-retirement products through Scottish Life, along with personal and business protection products through Bright Grey. Royal London joins providers Aegon, Aviva, Friends Life, LV=, Partnership, Prudential, PruProtect and Zurich, with the proposition forming part of SBG’s expanded range of offerings from which adviser firms can choose.

Sesame Bankhall Group CEO, George Higginson, said: “Scottish Life and Bright Grey are both strong intermediary brands and excellent additions to our restricted advice service, which already offers a wide range of high calibre providers and products for advisers and their clients to choose from. Royal London’s participation is another example of SBG’s commitment to continually improve our range of adviser propositions.

“The response to our new technology-driven service has been very encouraging and it is now starting to gain real traction in the market as firms increasingly appreciate the efficiency benefits it can deliver to advisers. As a broad-based financial services group, SBG is committed to offering its customers choice and is investing heavily in its expanded range of offerings to enable professional advisers to deliver an excellent service to their clients – whatever their business model.”

Jim Smith, distribution director, Royal London Intermediary Division, said: “Royal London is delighted that both Scottish Life and Bright Grey have secured a position on Sesame Bankhall Group’s restricted advice panel. Scottish Life’s reputation for outstanding service and Bright Grey’s expertise as a protection specialist were deciding factors in the appointment of both brands to the panel.

“We’re confident that this new opportunity will build on the strength of our existing strategic partnership. Royal London is committed to the intermediary market and Bright Grey, Scottish Life and Scottish Provident are well placed to support all advisers post RDR.”

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