Financial Services Industry
Industry: Email Alert RSS FeedTenet is in no hurry to strike new deals.(Tenet Group)
Financial Adviser, January, 2005
TENET is working with Prudential on a multi-tie proposition but insists it is in no hurry to unveil a panel.
On Tuesday the network, which has more than 3500 advisers, revealed it had asked Prudential to work on a detailed design for its regulated multi-tie proposition.
Simon Hudson, chief executive of Tenet, said despite Millfield and Thinc having unveiled their multi-tie propositions, he was in no rush to strike up distribution deals with a small number of providers.
He said: "We are still looking at a proposition that will work best for both advisers and consumers. We are not in any great rush to unveil a multi-tie panel.
"We need to be absolutely sure that we are in a position to deliver something that is not only of benefit to...
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