Charles Stanley rolls out portfolio service to five platforms

Charles Stanley has rolled out its Collectives Portfolio Service to five platforms.

The service, which consists of 12 actively managed model portfolios which have been risk rated by Distribution Technology, is available on Ascentric, Aviva, Fusion, Novia and Nucleus. Charles Stanley director of intermediary sales Andrew Clotworthy said: "The suite of portfolios has been created taking into account the views of many financial advisers who wish to be able to offer their clients a wide range of investment objectives." Clotworthy said the maximum charge for each solution is 0.3% plus VAT.