IFAs turn the tables on Sesame network



A significant number of independent financial advisers (IFAs) are contemplating taking legal action against Oxford-based IFA network Sesame for its role in penalising IFAs for selling unsuccessful NDF "precipice" bondsin 1999.

Sesame's move to recover a total of £2 million to compensate NDF bond victims is being contested by at least 70 IFAs, explains Birmingham-based Sandra Garlick, solicitor from Financial Services Legal. They are contesting the move on the grounds that it was the product list

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