P1 Investment Management cuts MPS fees

The annual discretionary fund management fee on P1's asset tracker and responsible asset tracker ranges have reduced from 0.10% to 0.08%, and the wealth accumulator and retirement income ranges have fallen from 0.25% to 0.20%. Its ethical and money market portfolios are charged at 0.2% and 0.05% respectively and remain unchanged. P1 said the changes reflect its belief that ongoing fee transparency and simplicity are "essential in a fast-growing market". Overall assets in discretionary MPS reached £208bn in the year to Q1 2026, up 32%, according to NextWealth's 2026 MPS Asset Update...