Pru appoints Tom Hegarty to lead new self-employed advice model

The self-employed arm will be initially available - by invitation only - to 30 of Prudential's current 360-strong adviser team. Those who join will be able to build their own advice business and qualify for practice buy-out - a capital sum pay-out - on retirement, Prudential said. The new proposition will mirror that of Prudential Financial Planning (PFP), the firm added, and will include Prudential wrappers, its investment and pension funds and " a near whole-of-market range of annuity and protection products". Prudential Financial Planning chief executive Chris Haines said the devel...