Aviva Investors partners with IFA firm to launch new MPS

Aviva Investors has partnered with Protection & Investment Limited (PIL) to launch a new Hybrid Accumulation MPS solution tailored for the Surrey-based IFA firm.

The new solution was developed in collaboration with PIL as a core part of its centralised investment proposition (CIP).

It will offer five risk-rated options based on investors’ risk appetite and return objectives, with the strategic asset allocation to be managed by Aviva Investors’ multi-asset investment team.

Aviva Investor’s MAF Plus fund suite will form a key block of the asset allocation within the new MPS, alongside a blend of active and passive components from both Aviva Investors and external suppliers.

Alongside the Hybrid Accumulation MPS, PIL has also added Aviva Investors’ Retirement Income MPS solution within its CIP.

The Retirement Income MPS aims to provide investors with natural income in retirement, addressing the challenges of longevity and sequencing risk.

“We’re pleased to be able to take this new MPS product to market and build upon our existing offering within this space,” said Aviva Investors head of EMEA wealth, Smera Ashraf.

“The MPS market in the UK has seen significant growth over recent years, as investors look for efficient and cost-effective investment solutions.

“We believe our MPS is the next evolution of MPS strategies available in market, and we are proud to deliver this through leveraging the knowledge and expertise of our market-leading multi-asset investment team.

“Following on the success of our Retirement Income MPS, we are very excited by our hybrid MPS, which brings the best of tactical asset allocation as well as manager selection.

“We remain committed to listening to our clients and developing solutions that best fit their individual needs – and this is the case with PIL, with whom we’ve enjoyed a long and productive partnership for many years.”

PIL independent financial adviser and Investment Committee member, Neil Ledbrook, added: “We’ve spent a lot of time and energy developing a best-in-market CIP for our clients, to offer clear and flexible solutions within an increasingly complex market environment.

“We have had a long-standing relationship with Aviva Investors through their MAF funds and we are delighted to partner with them on their new MPS solution, which will form a key part of our CIP.”

---