City wire Article

Although a Sesame Bankhall board reshuffle saw managing director Nick Kelly exit in November 2012, Kelly didn’t stay down for long as he re-emerged in April 2013 with a new national IFA.

Budget 2014: Greater choice in pensions explained

At the moment people don’t have full flexibility when accessing their defined contribution pension during their retirement – they are charged 55% tax if they withdraw the whole pot. We’re announcing that from April 2015, people aged 55 and over will only pay their marginal rate of income tax on anything they withdraw from their defined contribution pension – either 0%, 20%, 40% or 45%.

IntelliFlo Case Study

launched in July 2013 as the first post RDR national business model in the UK. The model is to run a national IFA service whose focus is on ‘Virtual’ specialist advisers as well as regionally based advisers. Its aim is to transform the financial services landscape and help to rebuild consumer trust in the industry.

Face-to-face services phased out by digital advance

By Iona Bain in Manchester | Published on May 08, 2014

The digital revolution will radically diminish the desire for face-to-face services in the financial sector, Chris Skinner has claimed.

The chairman of the Financial Services Club said that it was now possible for consumers to conduct the entire mortgage application process virtually.

Draft response to FCA Guidance Consultation 13/5- Supervising retail investment advice: inducements and conflicts of interest

We welcome FCA making its position clear on funding from Providers as we believe this has the capacity to help create a more level playing field in the market between both Providers and Intermediaries.

However, we believe that the examples of good and bad practices are likely to lead to a reduction in providers contributing to the advancement and education of advisors and will ultimately lead to an increase in costs to the consumer.

Alexander House Financial Services Ltd chooses Total Systems to build ‘Smart Alex™’ protection portal

Total Systems plc, the innovative technology company, is providing the Protection Portal for Alexander House Financial Services, the new National Advisory business being launched by Nick Kelly and Jane Hodges, who are launching the first new multi-channel proposition including Virtual advisors, FTF, telephone and self-serve solutions for its customers.

Ex-Sesame director Kelly outlines plans for new national

The national advice firm set up by former Sesame directors Nick Kelly and Jane Hodges will open its doors to clients from 1 July.

Alexander House Financial Services is looking to recruit 200 advisors over a three year period to become either chartered ‘boffins’ to provide virtual financial advice or diploma qualified face-to-face financial advisors.