Evelyn Partners expands MPS availability with onshore bond wrappers launch

Evelyn Partners has expanded the availability of its model portfolio service (MPS), with its Core and Index ranges now accessible through onshore bond wrappers across several adviser platforms.

The firm said this would give advisers greater flexibility when constructing investment solutions for clients who could benefit from holding investments in an onshore investment bond structure, while retaining access to Evelyn Partners’ MPS strategies.

Its Core and Index MPS ranges are now available through onshore bond wrappers on AJ Bell, Aviva, M&G, Quilter, and Transact.

Evelyn Partners said the launch widened the range of tax wrapper available to advisers using its MPS proposition and reflected rising demand for investment solutions that support a broad spectrum of client planning needs.

“Advisers increasingly want the flexibility to combine professionally managed investment portfolios with wrappers that support specific tax planning and financial planning objectives,” said Evelyn Partners head of intermediaries, Matthew Spencer.

“By making our Core and Index MPS ranges available through onshore bonds across a number of major platforms, we are giving advisers more choice in how they deliver investment solutions for clients.”

Evelyn Partners said onshore investment bonds could offer several potential benefits, depending on an individual’s circumstances, including tax-deferred withdrawals, the ability to assign policies without triggering an immediate chargeable event in certain circumstances, and opportunities for tax-efficient planning.

“Investment bonds are a well-established planning tool and can play an important role for the right clients, particularly those seeking tax deferral, estate planning flexibility or a solution beyond traditional tax wrappers,” Spencer added.

“Advisers can now access our Core and Index MPS ranges within these structures across a growing number of platforms, helping them align investment management with clients' wider financial planning requirements.”

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