Almost three quarters (73%) of independent financial advisers believe they could grow their business by up to 10% a year if more time spent managing portfolios was reallocated to client acquisition and financial planning. The vast majority (94%) of IFAs said their profession is best served by focusing on financial planning to address the needs of their clients, rather than day-to-day investment management. The top challenges reported by IFAs relating to portfolio management are: time-consuming rebalancing (61%), market responsiveness (55%) and scalability (54%). Yung said that the upgraded MPS is designed to ease the burden on advisers by giving them access to actively managed, resilient investment solutions. Rathbones Asset Management head of multi-asset investments David Coombs added: “The three funds within the Rathbones MPS are designed to work in harmony, providing financial advisers with access to a resilient, risk-managed portfolio that evolves over time.