Over four in five (82%) of financial advisers expect to increase their use of Managed Portfolio Services (MPS) over the next three years, according to a new report.

AJ Bell is to reduce the charge on its core model portfolio service (MPS) range from 0.15% to 0.12% per year from 1 October.

Discretionary Managed Portfolio Services (MPS) assets are set to pass £200bn after surging by a third (32%) in a year to £190bn, according to NextWealth’s latest MPS Proposition Comparison Report 2025.

The Managed Portfolio Services market has expanded and diversified so rapidly that MPS portfolios are likely to have overtaken multi-asset funds in total recommendations, according to new data.