This episode of Professional Adviser TV sees Premier Miton MPS Investment Director Chris Robinson and Asset Management Financial Advisers manging director Matt Wood join the team in the studio to talk about what the future looks like for the model portfolio service (MPS) market.
In this week's Advice Lens, we also explore the current positioning of fees, what the Financial Conduct Authority's (FCA) upcoming MPS review might entail and the impact its retirement review has already had on the sector. Wood explained that it is "minimum expectation" for an advice firm of a certain size and scale to have a central investment solution, and "maximum" expectation to have a centralised retirement proposition. This is considering the FCA's upcoming retirement income review, which the duo highlighted in this week's episode is expected to have an influence on the MPS mark...
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