Prudential UK has struck a deal with technology provider IRESS to use its XPlan wealth management platform for its 300-adviser restricted advice proposition.
From March, the XPlan platform will support and operate the Prudential Financial Planning (PFP) service's sales and administration process. The service formally launched in 2011 with about 40 advisers but now claims to have in excess of 300. It promised at the time it would "ring fence" customers introduced to it by IFAs. Prudential Financial Planning director Chris Haines said: "This technology partnership and the implementation of XPlan represents a key milestone in further improving our operational effectiveness." IRESS UK business development director Mark Loosmore added: "It's...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
