Discretionary MPS assets reached over £200bn last year

NextWealth's 2026 MPS Asset Update report revealed assets grew by £50bn to £208bn in the 12 months to the end of Q1 2026, with £18bn added in the past six months when financial markets were broadly flat. The discretionary MPS market continues to grow at a much faster pace than the broader platform market, NextWealth highlighted, with the former growing at 9% over the last six months versus 3% for the latter. Quilter Wealth Select continued to dominate discretionary MPS net asset growth with a growth rate of 34% over the past year. Meanwhile Tatton, which remains in second place in ...