The new Bill Vasilieff-led wrap platform Novia has gone live today with a standard 0.75% initial charge.
Launched initially to a limited number of IFAs, the unbundled-charging platform is set to be released to the whole of market in November. Using InfoComp software, Novia offers access to multiple product wrappers including SIPPs, cash and shares ISAs, offshore bonds and ETFs. Novia says each wrapper has an integral cash facility and the platform has the ability to record off platform holdings. Re-registration both on and off the platform is also available. The platform recently launched its FinQS-powered TCF centre, which is aimed at aiding advisers with audit trails in the changing...
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