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Strawberry Invest launches managed portfolios service

Direct-to-consumer platform Strawberry Invest has launched a managed portfolios service which investors can access provided they pay in £100 a month.

The firm says its new ‘Make it Easy’ offering is designed to help simplify investment by offering an “all-in-one, streamlined customer experience”.

It has chosen Architas BirthStar® Target Date funds for the service, where investors can select portfolios to match the desired date of their investment goal.

Strawberry is charging management fee of 0.55 per cent for Sipps, Nisas and general investment accounts and a total all-in cost of 0.9 per cent, which includes dealing, administration and other account services.

Strawberry Invest founder and director James Priday says: “By offering the Architas BirthStar® Target Date Funds as a ready-made managed portfolio, we can give our customers the benefit of a professionally designed, carefully managed, affordable and low-cost investment solution.

“These funds allow investors to focus on deciding how much they need to invest and when they will need it, leaving the professionals to manage the asset allocation for them.”



FCA asks for cost benefit analysis on long-stop

The FCA has asked Apfa to produce a cost benefit analysis of the introduction of a long-stop on complaints against financial advisers. At a meeting between Apfa and representatives of the regulator, including head of investment David Geale, earlier this week, the FCA asked for further evidence on the impact of a long-stop on advisers […]

Certification guide

Guide: how to… certify your pension scheme

Certification is highly complex and surrounded by a minefield of information and auto-enrolment jargon, which can make it very difficult to understand. However, for many employers it is a necessary process that must be executed successfully.


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