AJ Bell to cut MPS charges by 20% to 0.12%

Changes due to take effect from October

Jenna Brown
clock • 2 min read

AJ Bell is set to reduce the charge for its core model portfolio service (MPS) range to 0.12% per year, from 0.15%, from 1 October.

AJ Bell Investments managing director Ryan Hughes made the announcement at Professional Adviser's MPS Showcase 2026 today (3 June). He said the lower pricing would benefit both existing and new MPS clients. AJ Bell's MPS portfolios are available in an active, passive, or blended ‘pactive' format. The core MPS range has been popular with advisers since its launch in 2018 and contribed to the 30% rise in assets under management to £9.8bn for AJ Bell Investments in the past year, the business explained. It added that its Money Market MPS would continue to have no annual management cha...

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