View more on these topics

True Potential launches discretionary portfolios

True Potential Investments has launched a new range of multi-manager discretionary portfolios.

The Managed Portfolio Series, which is exclusive to the True Potential Wealth platform, will be made of 10 portfolios spread across five different risk profiles.

The range, which will be managed by the firm’s chief investment officer Colin Beveridge and his deputy Chris Leyland, has a minimum investment of £50 and is not subject to investment management fees, meaning it is not restricted to the “very wealthy”, the firm says.

True Potential Investments senior partner Mark Henderson says: “Our aim was to create one of the most diverse and dynamically-managed series in the market. It is a simple proposition that gives all clients access to a premium discretionary investment solution, without a prohibitive entry point which puts this type of investment management out of reach for many investors in the UK.”

Ongoing charges for the portfolios range from 0.77 per cent up to 0.92 per cent. Platform fees are 0.4 per cent.

Each of the managed portfolios bring together funds from both the Strategy and Wealth Strategy funds at the firm meaning that clients are offered “a blend” of the underlying funds according to different risk levels and management styles.

True Potential Investments senior partner Mark Henderson says: “Each of our investment solutions offers multi-layer diversification across management styles, asset classes and geographic regions. That means clients have greater potential for growth and managed volatility, we believe it is a powerful proposition that brings together the best of all worlds.”



Advisers back Govt plans to scale back pension guidance

Advisers have backed Government plans to “rationalise” pensions guidance after the Treasury raised concerns about overlapping services. In a financial guidance paper published alongside the Financial Advice Market Review consultation, the Treasury suggested cuts could be made to the services offered by the Money Advice Service and Pension Wise to reduce duplication. Currently, pension guidance is […]


State pension triple lock costs £6bn a year

The Government’s plan to protect the value of the state pension is costing £6bn a year, with warnings the costs could spiral further. The Financial Times reports a warning from the Government Actuary’s Department was published last week, but deleted a day later, with officials telling journalists it had been published “in error”. The study […]

FCA logo glass 3 620x430

FCA commits to annual board reviews after closed-book fiasco

The FCA has agreed to a programme of annual reviews on the effectiveness of its board following a damning report from MPs. The Treasury select committee slammed the regulator as “dysfunctional” in a March report that criticised its handling of a review into closed-book policies last year. In a response to the report published this […]


MPs push for two-year FCA fee freeze

Three MPs have launched a motion in Parliament to call for a two-year freeze on FCA fee increases in a bid to improve access to advice. In an early day motion filed this morning, Labour MP Alan Meale, Conservative MP Peter Bottomley and Northern Ireland’s SDLP MP Mark Durkan argue any further increases in regulatory […]

European Opportunities: 'It’s nice when stock selection results in a macro tailwind'

Amid significant macro headwinds in August, Mark Page explains why his fund’s focus on stock selection has helped it outperform a falling market in August. BESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswy


News and expert analysis straight to your inbox

Sign up


    Leave a comment