Consumer Duty: MPS providers face 'dramatic change'

Model portfolios have multiplied like rabbits in recent years. And it's easy to understand why. They have been, and continue to be, a hugely popular option for those looking to utilise the expertise of a discretionary manager to provide their clients with suitable investment portfolios. After all, they allow you to relieve yourself of the burdens of carrying out investment research, portfolio construction, rebalancing and fund due diligence, allowing you to spend more time on what you do best - advising and planning for your clients. In fact, according to data from NextWealth, the ris...