It is with great pleasure that we can officially announce the IBOSS Managed Portfolio Service (MPS) is going to be made available on the Novia platform.
The discretionary MPS, which comprises of eight-risk-rated portfolios, was previously only available on Aegon’s ARC platform. However from May 1, 2019, the outsourced investment solution, which mirrors IBOSS’s much loved PMS portfolios, will also be available on the Novia platform.
As you may or may not know, we launched a third way of accessing the IBOSS investment philosophy at the back end of last year following adviser feedback and demand for a discretionary offering. The MPS shares the same Directors, Investment Team and ethos as the PMS, whilst accommodating a different client demographic by providing all of the administrative benefits of discretionary management. As the discretionary model portfolios mirror our existing PMS portfolios, we can use a decade of simulated past performance to demonstrate a very respectable 10 year track record.*
The key is that by delegating investment responsibilities, you do not lose any control, but instead gain the freedom to develop relationships and your business.
At every stage of our growth we’ve had the needs of advisers, planners and your clients at the forefront of our mind. We are constantly looking for ways to improve our services to you and we recently issued a survey to discover which platforms you would most like us to launch our discretionary service on. If you took the time to complete this short survey for us, we are very grateful. We now know where the demand lies for platform availability, and Novia is the first step in this process.
As with all three of our outsourced investment solutions, the MPS includes our unique white-labelled quarterly client updates at no additional cost. All correspondence carries your brand, promoting your identity whilst keeping you in regular contact with your clients.
If you have an existing PMS client who loves the IBOSS investment philosophy but wants the utmost simplicity, the Managed Portfolio Service delivers exactly that. Alternatively, a new client who has not used the IBOSS solutions before may fit the new demographic, such as retirees who may not want the burden of having to complete regular paperwork or professionals who simply do not have the time.
If you would like any additional information regarding the MPS, then please do not hesitate to contact a member of the team. Make sure to keep your eyes peeled for further platform availability announcements from us, in the not too distant future…
*The past performance figures above are from the Portfolio Management Service (PMS) provided by IBOSS Limited. The same data has been used for IBOSS Asset Management Limited’s discretionary offering, the Managed Portfolio Service (MPS), but with different share classes. The simulated past performance is not a reliable indicator of future performance.