The new proposition, based on the Quilter Managed Portfolio Service, is available on the Ascentric/IFDL, Nucleus, Novia, and Præmium platforms.

The new platform is especially aimed at IFAs, who are looking to outsource discretionary investment management in the wake of the Retail Distribution Review (RDR).

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Quilter, part of Morgan Stanley Smith Barney, provides personalised investment management services to its clients that include private clients, charities and trusts, pension funds, corporate bodies and life companies.

The firm has £7.8bn of funds under management as at 30 June 2011 and has 350 employees based in 12 locations throughout the UK, Jersey and Ireland.

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