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F&C’s Lifestyle fund range has been added to the SimplyBiz and Compliance First’s capital reward scheme.

This broadens the distribution of funds to more than 4000 registered individuals at more than 1800 IFA firms.

The range – which was launched in March 2007 – is a suite of multi-manager funds. These mirror the asset allocation models derived from Dynamic Planner, a third party risk profiling tool used by advisers.

The range of funds provides advisers with a way to address some of the challenges of the FSA’s treating customers fairly initiative, as client portfolios remain matched to their risk-profile.

Mark Parry, director of strategic partnerships for F&C said: “We are delighted to make our Lifestyle range available to capital reward members.

“This scheme is designed to help members build up additional value in their “funds under advice”.

“We believe that Lifestyle is an ideal fit for this type of scheme as it is designed to provide outsourced investment expertise in asset allocation, risk profiling and fund selection.

“This approach adds value to both the investor and adviser over the medium to long term.”

Ian Thorneycroft, managing director of SimplyBiz commented: “The F&C Lifestyle range is an excellent addition to capital reward. They are based on asset allocation models generated by the team at Distribution Technology and with the funds selected by F&C’s robust multi-manager fund selection process.

“Together they provide IFAs with low maintenance, well managed investment portfolios to meet the varying needs of their clients.”