DFM & Model Portfolios

Tool aims to tackle “crowded and complex” market

‘That could add cost without improving outcomes’

'The flurry of moves in recent weeks is at least a year in the making'

Launches in response to adviser demand

To bring the service in line with its UK offering

Developed for Surrey-based IFA firm

Pockets of opportunity

Consists of five portfolios

Gareth Johnson appointed as head of MPS

Fidelity WealthBuilder MPS available from mid-April