AJ Bell chops 10bps off Model Portfolio Service fees

Focus on efficiency

Tom Ellis
clock • 1 min read

Platform AJ Bell has sliced 10 basis points off the management cost on its managed portfolio service, reducing the charge by 40%.

AJ Bell's managed portfolio service (MPS) now costs 0.15% plus VAT, compared with 0.25% plus VAT beforehand, the company said, before claiming the change made the offering one of the cheapest in the market. The platform is also moving its asset allocation approach for its portfolios in-house and these will now be benchmarked against Dynamic Planner risk ratings. AJ Bell said the portfolios would use Dynamic Planner's risk targeted approach, as opposed to its risk rated approach, to "ensure portfolios consistently target the right level of volatility, giving advisers and their clients ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

AJ Bell signs up to The Platforms Association's transfer charter

AJ Bell signs up to The Platforms Association's transfer charter

After being missed off TPA’s initial list

Sophia Panayi
clock 28 September 2026 • 1 min read
Big players give The Platforms Association's transfer charter a miss

Big players give The Platforms Association's transfer charter a miss

AJ Bell and Parmenion choose not to sign up

Sophia Panayi
clock 25 September 2026 • 2 min read
Most platforms sign up to transfer charter

Most platforms sign up to transfer charter

Signatories include Benchmark, Fidelity International and Quilter

Sophia Panayi
clock 17 September 2026 • 3 min read