Bestinvest launches 'low cost' investment advisory service

Both services utilise the Bestinvest platform, which launched earlier this year, and are designed to meet retail distribution review (RDR) rules. The investment advisory service offers investors with £100,000 or more (including joint portfolios) access to an adviser who can assist them in constructing a diversified, risk adjusted, portfolio using unit trusts, investment trusts, trackers, low cost active funds and ETFs. There are no fund dealing fees, initial or switching charges, and access to SIPPs and ISAs does not require a set-up or annual fee. The Managed Portfolio Service add...