RL360 PIMS open architecture lump sum investment plan

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To allow your clients to build a truly customised portfolio, PIMS is a fully open-architecture product. They will have their pick of any asset as long as it is acceptable to us.


Investment advice options

There are various advice options available, clients can manage their PIMS assets themselves or alternatively appoint you or another adviser to do so on their behalf. Alternatively the day-to-day work of managing investments can be outsourced to a specialised discretionary fund manager.


Appointing an Investment Adviser

An investment adviser can act on a discretionary or non-discretionary basis. An investment adviser operating on a discretionary basis will be allowed to instruct deals on behalf of their client without prior consultation. An investment adviser operating on a non-discretionary basis cannot instruct deals until they have first consulted their client. If you or someone else is to be appointed as the investment adviser to a plan it is important your client understands the differences.


Appointing a Discretionary Manager

Discretionary management give you the choice of a full or part discretionary basis to move quickly and take advantage of arising opportunities, when timescales can be demanding. This means greater potential for investment gains. Depending on the chosen discretionary manager, dealing fees and investment manager fees may vary from RL360's. This is because the discretionary manager will retain custody and dealing responsibilities for the investments linked to the plan.


Appointing an Investment Platform

If an external investment platform is selected to hold their assets in their custody, your client or their chosen Investment Adviser can instruct the Investment platform to buy and sell assets on their behalf. More information on the above can be found in the PIMS Guide to Investment.


Institutional discounts

By investing through PIMS we can offer your clients institutional discounts on many funds that as a private retail investor they would not benefit from. This could significantly reduce the initial costs of investment.


Ten free deals at outset

The first ten dealing transactions on a PIMS plan are free of charge. Thereafter our standard dealing charge applies.


Cash deposits

PIMS plan owners may wish to hold money in an external cash deposit account. Please see our Cash Deposits pdf for a selection of indicative rates currently available.