"I left Sesame December 31st 2010 and took up Direct Registration with FSA. My Compliance is now handled by SimplyBiz.
"Firstly, you need to understand that Sesame may not tell you the truth with regard to 'the world outside Sesame' - I would suggest to you that you should believe nothing. If you leave they lose a stream of revenue. They may tell you that the FSA will be making it harder for small businesses operating outside the sphere of the network. Do not believe them.
"What are the advantages of direct authorisation? I'm no longer being treated as lowest common denominator. I have scope to use wider range of research tools. I've seen a twofold plus increase in my written business (it is growing annually.) I receive top class support services, positive meetings for members and have a more positive attitude to business.
"My advice to advisers at the time (the ones I came into contact with anyway) was to exit Sesame at the earliest opportunity and this advice remains still."Colin PalmerColin Palmer Financial Services
Matt Timmins: New guidance body has no right to word 'advice'
October 20, 2017
Much more needs to be done to help educate consumers on the vital difference between receiving guidance or advice
Government must help meet the needs of the elderly
October 11, 2017
Being able to congratulate the FCA, while not by any means a first, is not something I am able to do regularly.
"A princely way of looking at succession issues"
October 04, 2017
Seeing all the stories about Prince George starting school set me thinking about longevity and business succession issues for financial advisers.
"Providers must allow tax deductible advice"
September 28, 2017
Knock, knock. Are you there? More importantly, are you listening?
I ask this question because of the enormous opportunities the current market is presenting for each and every adviser, whether working within a large firm or a one-person practice, as an independent adviser or restricted.