View more on these topics

Tenet woos bank and provider advisers with ready-made package

Tenet is looking to attract advisers from providers and banks with a new ‘business in a box’ solution.

The network is vying for business from advisers who want to pursue the self-employed route in the simplest fashion.

For example, the network will help the adviser set up their own limited company and provide loans for the period where joining advisers may not be paid by their former employer. Assuming advisers may join without a client base, Tenet will also set up pre-arranged seminars and provide paraplanning and administrative support.

Although the proposition will be restricted, Tenet says there will be no provider bias with 20 providers to choose from. Joining advisers will use the new white-labelled Tenet platform with Hubwise.

Speaking to Money Marketing, group risk and regulatory director Caroline Bradley says: “We thought if you were working for a bank or product provider, what do you need to start your own business? This is everything we thought of, but if there are gaps we can add those as we go along.”

The business-in-a-box option will be available to all existing Tenet members, including those who are currently running an independent business but may want to set up a separate restricted business to segment their client bank.



Credit Suisse and Carmignac join forces for multi-asset launch

Credit Suisse and Carmignac have partnered to launch an emerging markets multi-asset fund which aims to provide investors with a five per cent annual return over a five-year period. The Luxembourg-domiciled SICAV fund will invest mainly in emerging market economies. The fund invests in equities, equity type securities and debt instruments such as – but […]

Emma Thomson: Use client stories to promote protection

Seven Families showed that the stories behind the claims statistics can help promote a greater understanding of protection. It’s that time of year when insurers publish their claims statistics, giving confidence that most claims are indeed paid. This openness has created confidence in our industry and, while not all insurers have released their data yet, […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment