This week we’ve chosen two contributions – Aviva: Sesame would be bust without Friends’ money
This is big news. I would be seriously concerned if I was a Sesame appointed rep. Do they jump now or do they wait to see an outcome, with the potential for a Honister-style sudden closure?
Andy Wilson
This is most certainly big news, as the largest network in the industry cannot trade without financial support from its parent apparently. But it also makes you question why Aviva would want to go ahead with the purchase in view of what they have discovered. Are the Aviva shareholders going to be pleased bearing in mind what they have said!? As Andy has already said, I would be very worried if I was an adviser with Sesame. Now and even after the proposed acquisition…
Good Mortgage Man
