Quilter Cheviot lowers direct client MPS fee and increases access

Wealth manager’s MPS added to Aegon’s and Nucleus’ platforms

Isabel Baxter
clock • 2 min read

Quilter Cheviot has lowered the charges for clients invested in its managed portfolio service (MPS) through its own nominee arrangements.

This means clients investing directly with Quilter Cheviot will now pay 0.50% for the MPS, down from 0.75%. Meanwhile, clients coming directly to Quilter Cheviot will pay 0.70%, down from 0.90%. The fee includes both the investment management and Quilter Cheviot's custody services. This move helps to ensure costs are as aligned as possible for clients regardless of whether they are investing via a third-party platform or with Quilter Cheviot directly, according to the wealth manager. Meanwhile, Quilter Cheviot's MPS has been added to Aegon's and Nucleus' platforms to "increase the acc...

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Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

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