Tilney adds Sustainable MPS for Financial Planners
Tilney has made its Sustainable MPS range available to the adviser market through its Tilney for Professionals arm.
The Sustainable MPS range was originally launched for direct clients in September 2011 and has been made available to Financial Planners to cater for the “growing appetite” for strategies matched to risk profiles that combine active asset allocation, fund selection and incorporate ESG criteria.
The minimum investment for the Tilney Sustainable MPS service is £50,000 and it has a 0.6% + VAT annual management charge inclusive of Tilney preferred custody solutions, reporting and online application for clients.
Tilney has added six Sustainable MPS strategies for Financial Planners which cater to six different risk profiles: conservative, cautious, balanced, growth, adventurous, and maximum growth. Each portfolio typically invests across 15 – 20 underlying collective investments, including OEICs, unit trusts and ETFs, selected by Tilney’s central investment team.
It is available across all tax wrappers, including ISAs, SIPPs, SSAS, and Offshore Bonds.
Craig Wright, managing director and head of business development at Tilney for Professionals, said: “Demand for sustainable and ethical strategies has been growing exponentially in recent years as private clients, trustees and charities have been increasingly concerned about issues such as climate change, plastic pollution and standards of corporate governance.
"With amendments to MIFID II being introduced requiring ESG considerations to be a mandatory part of the suitability assessment for clients, it is imperative that financial advisers are able to meet the needs of their clients with high quality, managed solutions.”