Parnell Fisher Child signs up to Novia

Skipton Building Society independent subsidiary Parnell Fisher Child (PFC) has signed up to the Novia wrap.

Reading-based PFC has more than £300 million under management, and has to date concentrated on offering clients bespoke portfolio management.

But PFC chief executive Perry Raply said the move onto Novia, headed by chief executive Bill Vasilieff (pictured) could allow the firm to make changes to its investment proposition.

'We now have the flexibility of using model portfolios, which we can monitor and make changes whenever necessary without our clients facing any switching charges,' he said.