Defaqto unveils Consumer Duty profiles for top 20 MPS portfolios

Structured around FCA's four key outcomes

Valeria Martinez
clock • 1 min read

Defaqto has launched new independent Consumer Duty profiles for the 20 most recommended discretionary model portfolios.

The initial 20 discretionary model portfolio service (MPS) reports cover a number of popular MPS providers, such as Brooks Macdonald, Quilter, RBC Brewin Dolphin, Tatton, Timeline and Waverton, providing an "independent and unbiased" profiling of their propositions, Defaqto said. Consumer Duty profiles allow advisers to compare products, funds, or DFM portfolios in a peer group on the same basis using the same data.  Using these documents, advisers will be able to report on the target market of the product in question and understand who is not the target market.  According to Defaq...

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