Elston Consulting launches new GIA portfolios for financial advisers

Elston Consulting has launched new general investment account (GIA) model portfolios for financial advisers.

With falling capital gains tax (CGT) allowances and the risk of rising CGT rates, the firm suggested there is a “growing need for CGT-efficient strategies”.

Elston’s GIA portfolios are a range of five risk-rated portfolios constructed with a curated research list of asset allocation building block fund-of-funds – one for equities, one for bonds and one for alternatives.

The firm suggested that the advantage of this approach over an all-in-one single-risk-profile multi-asset fund is that it gives advisers the option of netting off gains against losses, when asset class performance is dislocated, as it was in 2022.

Elston’s new solution for advisers acknowledges that different tax wrappers require different implementation approaches.

“There are a range of techniques advisers can deploy to mitigate CGT within GIA accounts,” said head of research at Elston Consulting, Henry Cobbe. “With shrinking allowances, it’s becoming more important to deploy these techniques. Whilst MPS is a fantastic solution for ISA and SIPP, GIAs do now require a dedicated approach.”

Head of adviser relations, Scott Adams, added: “Our aim is to help advisers solve real-world problems for their clients. By adding our GIA Portfolios to the suite of solutions advisers can access and adopt, we are aiming to plug the challenge that MPS can create in a GIA context.

“There is no one-size-fits all approach, so aligning solutions not only to their target market but also to the tax environment in which they operate is key.”



Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.

In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.

Air and the role of later-life lending
Content editor at MoneyAge, Dan McGrath, spoke to the chief executive officer at Air, Will Hale, about the later-life lending industry, the importance of tailored advice and how technology and obligations have shaped the sector.


Inside the world of high net worth lending
The mortgage market continues to evolve, and so too does the answer to the question: what is a high net worth individual in today’s market? In this episode of the Mortgage Insider podcast, host Phil Spencer is joined by Stephen Moroukian, Head of Product and Proposition for Real Estate Financing at Barclays Private Bank, and Islay Robinson, founder and CEO of Enness Global. Together, they explore what brokers really need to know when supporting high net worth individuals.

The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.