Ratings agency Defaqto has launched new independent Consumer Duty profiles for the 20 most recommended discretionary model portfolios.
The initial 20 discretionary MPS reports cover a number of popular MPS providers, such as Brooks Macdonald, Quilter, RBC Brewin Dolphin, Tatton, Timeline and Waverton, providing an "independent and unbiased" profiling of their propositions, Defaqto said. Consumer Duty profiles allow advisers to compare products, funds, or DFM portfolios in a peer group on the same basis using the same data. Defaqto unveils EIS and VCT ratings on back of MICAP deal Using these documents, advisers will be able to report on the target market of the product in question and understand who is not the ta...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
