Why the FCA MPS review will help raise industry standards

There are two structural drivers to managed portfolio services (MPS) growth: the shift from advisory models to managed models, and the shift from standard portfolios to custom, adviser-defined portfolios.  These trends create greater operational efficiency for advisers while retaining their vision, strategy and IP. No wonder this explosive growth is a focus area for the regulator. Firms that are focused on maintaining and improving standards will welcome the Financial Conduct Authority's MPS review. Based on some of the questions that have been shared with the press, the topic areas m...