Intrinsic ends PosSol-True Potential tie up

Laura Miller
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Intrinsic is to bring to an end Positive Solutions advisers' use of software True Potential and migrate all advisers over to alternative software provider Avelo.

Network Intrinsic revealed in June that it was to buy national IFA Positive Solutions from parent company Aegon. The migration of Positive Solutions advisers from True Potential to Avelo will start in December and January, a spokesperson for Intrinsic said. Intrinsic will run a "hybrid" service where some functions will continue to be carried out by True Potential until the transition is complete. Positive Solutions' advisers were told about the change in an internal memo ahead of a series of roadshows Intrinsic is putting on for them, beginning today. In a statement True Potent...

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