AJ Bell's MPS shift to 'reduce adviser risk'

Liability will rest with MPS manager

clock • 3 min read
Changes at AJ Bell have reduced advisers' liability for investment decisions made in the underlying portfolios.
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Changes at AJ Bell have reduced advisers' liability for investment decisions made in the underlying portfolios.

AJ Bell has made a change that means advisers will not be held liable for the performance of the underlying holdings of its managed portfolio service.

The adviser platform and discretionary manager has updated its managed portfolio services (MPS), which encompasses active, passive, ‘pactive' and responsible MPS options, as well as its retirement portfolio...

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