View more on these topics

Premier adds trio of funds

Premier is offering three new funds in its private client portfolio range.

Defensive growth, alternative strategies and worldwide growth have been added to widen the number of underlying funds to seven. The funds are in the 10 risk-rated portfolios managed by Premier for its private client range. The portfolios are risk-rated between one and seven.

Premier mixes its funds to create a risk-rated profile. For example, the cash fund, which is risk-rated one, is comprised solely by the UK money market fund. The growth plus portfolio, which is risk-rated six, invests across the alternative assets, worldwide growth and enterprise funds.

Premier’s private client portfolio has £250m of assets under management.

From January, investors will also be able to hold the physical fund within the DFM range rather than holding the assets directly. As Premier is taking its charge from the fund, investors will save the VAT that would normally be added to the usual DFM charge levied.

Recommended

1

MM Leader: Standards must be met but over longer timeframe

It has been easy for politicians and advisers to attack aspects of the retail distribution review. It will be harder to push forward with palatable solutions to address the huge amount of concern in Westminster and around the country. Political pressure on the RDR is likely to increase in the new year with the Treasury […]

16

Can client risk questionnaires be relied on?

Would you expect to gain great insights at The Financial Services Research Forum? Perhaps not– you might think of actuaries and product boffins. In fact it’s not like that at all, as I discovered on my first attendance at their annual forum on November 16. I did come away with several insights into financial decision-making […]

3

Webb: No CPI legislative override

Pensions minister Steve Webb says there will be no legislative override for schemes who have RPI “hard-wired” into scheme rules following the decision to switch indexation for pension increases to the consumer prices index. It had been thought the Government would amend specific legislation to make it easier of pension schemes to adopt the new […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com