The newly-introduced MiFID II regulation will encourage many advisers using their firm's own model portfolio service (MPS) to switch to a discretionary offering, broker Zeus Capital has predicted.
According to research by the lang cat, which was commissioned by Tatton Asset Management, approaching two-thirds (62%) of IFAs use a model portfolio service. Of the IFAs who used an MPS, two-thirds...
Joined as head of strategy, multi asset, in June
Group income protection
Nine in 10 do not have income protection
Set to become part of Single Financial Guidance Body