Kuber Ventures has enhanced its Kuberview+ platform, which is dedicated to Enterprise Investment Schemes (EIS), Seed Enterprise Investment Schemes (SEIS) and Business Property Relief (BPR) investments.
The platform, which went live this month, is used by more than 100 advisers and nearly 400 investors. All former customers of Kuber Ventures' original system have now been migrated across.
The tax-efficient investment specialist's chief executive Dermot Campbell (pictured) explained that Kuberview+ can build a transparent portfolio of investments in the EIS, SEIS and BPR markets.
He added: "It is easy to manage from a compliance perspective while using a platform in these markets eases the administrative process as a typical portfolio might generate 100 pages per year.
"EIS, SEIS and BPR products are not served by any main platforms. All the transactions have been completely manual and there has been no help for advisers, who need a platform for efficiency and scale."
The Kuberview+ platform, Campbell added, has almost all the functions advisers are used to having on mutual fund platforms, including access to real-time data, portfolio views and aggregated investment amounts.
'No going back'
Kuber Ventures sales director Piers Denne said: "In 2000 with the introduction of FundsNetwork, the adviser market changed completely in the way they engaged with their assets and clients.
"Kuber is doing the same thing for the EIS, SEIS and BPR market. This is the way forward for how advisers are going to transact with business - there's no going back."
Campbell said that, since the pension reforms of April last year, the company has seen a significant increase in business. "Lots of people are capped out on pensions because they are over the lifetime allowance or the annual allowance," he added.
"A lot of people can only put a maximum of £10,000 a year into pensions, whereas in the past they've been able to save far more. If you want to continue to make tax-efficient savings, there is no real alternative to EIS, SEIS or BPR investments."
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