AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
NETWORKS: Sesame acquisition deal in weeks.
Sesame plans to conclude its acquisition of Bankhall and PMS from Skandia UK within the next six to eight weeks.
The proposed deal, which was announced last week, would produce a combined appointed representative network of around 3,000 advisers and a directly authorised business consisting of 1,500 firms.
John Cupis, managing director of mortgages and general insurance at Sesame, says it expects the deal to be completed within eight weeks but adds that discussions between Sesame and Skandia are ongoing.
He says that given the strength of the PMS brand for directly authorised brokers it is likely that it will be retained.
Cupis says: "One of the benefits for advisers is that by bringing together these two groups we will have a strong financial services offering at a particularly difficult time for the industry."
John Malone, managing director of PMS, is said to have been left out of the Sesame negotiations and it is unclear whether he will be part of any deal that might be hammered out.
Malone declined to comment.
- Sesame set for Bankhall and PMS deal.
- Magazine article from: Money Marketing July 2, 2009 700+ words
Sesame is in talks with Skandia over...acquisition of Bankhall and PMS. Chairman Ivan Martin says...growing our networks under the Sesame brand." Bankhall managing...strong future in aligning with Sesame." PMS managing director John Malone...
- Sesame to takeover PMS and Bankhall brands.
- Magazine article from: Financial Adviser July 2, 2009 700+ words
Byline: Catherine Couch Sesame has confirmed both the Bankhall and PMS brands would survive if it...would be our intention to keep PMS." "We estimate last year distribution between Sesame and PMS accounted for GBP45bn of lending...
- Sesame confirms talks to acquire Bankhall and PMS.
- Magazine article from: Financial Adviser July 2, 2009 700+ words
...amp; Gemma Westacott Sesame has confirmed it is in discussions...acquisition of Bankhall and PMS. If given the go-ahead...2008. In a statement, Sesame added: "Sesame believes that the acquisition of Bankhall/PMS represents an excellent...
- Advantage adds Premier and Sesame partners to platform.
- Magazine article from: Financial Adviser September 14, 2006 700+ words
...of Premier Mortgage Service and Sesame. The deal with PMS provides an additional platform...on their panels. The deal with Sesame means the 7000 IFAs and mortgage...e:lect. Ian Perry, head of Sesame Mortgage Services, said: "We...
- PMS must prove it is cost-effective.(Pre Menstrual syndrome)
- Magazine article from: GP March 24, 2006 700+ words
Will financial constraints force PMS to merge with GMS? From Marks & Spencer...have created great institutions. But where PMS and GMS contracts are concerned, the prevailing...NHS Plan in 2000 set a target of 2004 for PMS and GMS 'to operate with a single contractual...
- PMS practices face contract clampdown.
- Newspaper article from: Pulse December 17, 2008 700+ words
PCTs prepare to squeeze funding for PMS GPs or add in extra work in value-for...managers are preparing a major squeeze on PMS contracts, with GPs to be told to justify...the country plan to start renegotiating PMS deals for the next financial year, leaving...
- PMS Tracker Announces 'Worst PMS in the World Contest!'.
- Press release article from: PR Newswire January 26, 2004 700+ words
...PRNewswire/ -- Do you suffer from the worst PMS in the world? It is estimated that 50% of all women suffer from mild to severe PMS each month. If you are one of those women...to profit from your suffering! The Worst PMS in the World contest is open to anyone affected...
- PMS common stress problem for women.
- Magazine article from: Diabetes in the News Guthrie, Diana W. January 1, 1990 700+ words
PMS Common Stress Problem For Women Premenstrual syndrome (PMS) is one of the most frequent stress related problems suffered...all women at some time during these years. Symptoms of PMS may frequently include: tension, irritability, depression...
- PMS GPs start with 200 points.(primary care services quality frameworks)
- Magazine article from: GP December 1, 2003 700+ words
...worth up to pounds 63,750 to the average PMS practice next year, according to the estimates...Consulting has calculated that the average PMS practice is already receiving income of...included in the new GMS quality framework. PMS GPs have been told that they will be able...
- PMS GPs can quit out-of-hours.
- Magazine article from: GP December 9, 2002 700+ words
PMS GPs will be able to opt out of out-of-hours...comment on whether the option would stay for PMS GPs if the GMS contract was rejected. The...almost a third of English GPs now work under PMS (GP, 2 September). The opt-out decision...
Source: HighBeam Research, NETWORKS: Sesame acquisition deal in weeks.