MPS

Consists of five portfolios

Gareth Johnson appointed as head of MPS

Fidelity WealthBuilder MPS available from mid-April

In partnership with structured product specialist IDAD

Timeline 0.09% Tracker - 60 most recommended portfolio

Gives financial advisers ability to independently benchmark portfolios

Passive strategies make up half of top ten as adviser preferences shift

'Platforms have been firmly in the middle of this proliferation'

‘A response to expensive solutions lacking conviction’

Move would help consumers compare ‘more easily’