Pru launches factory-gate priced bond

The Prudential Investment Plan (PIP), the first product within the company’s investment portfolio to use factory-gate pricing, creates a transparent structure which allows advisers to work closely with their clients to decide how best they should be paid, without interference from providers. PIP offers IFAs the flexibility to be paid in a number of ways for their services, including charging clients an up-front fee, trail commission, or a combination of the two. It provides investors with access to 63 in-house and third party funds, including Prudential’s recently launched Cautious Ma...