View more on these topics

‘Pactive’ MPS from AJ Bell to invest 50% in own passive funds

AJ Bell has launched a new managed portfolio service blending actively managed portfolios with its own passive funds.

It is calling the option a ‘Pactive’ version of its MPS, and will invest half in its current set of activeley managed portfolios, and half in AJ Bell’s own range of passive funds.

The risk mapping will target the same six risk levels as the existing portfolios, which line up with assessments from third-party risk profilers like FinaMetrica, EValue, Dynamic Planner and Defaqto.

The underlying fund costs for the Pactive portfolios are between 0.37 per cent and 0.58 per cent, with an additional 0.18 per cent for management and 0.2 per cent for the platform.

AJ Bell chief investment officer Kevin Doran says: “Growing numbers of financial advisers are choosing to use managed portfolio services and the launch of our Pactive portfolios gives them greater choice and flexibility to meet a wider range of client needs.  Some will want exclusively active management and some will be fans of the passive approach but in the middle are those that want an element of active exposure with the cost control that passive investments can deliver.”

Recommended

5

Death of protection commissions, new titles and no fee flexibility: What Australia’s Royal Commission has ruled for advisers

What Australia’s Royal Commission has told advisers down under After 14 months of investigation, the final report from the Australian government’s Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry was tabled in parliament last week. The 1,000-page document includes 24 recommendations for Australia’s corporate and prudential regulators to tackle misconduct better. […]

6

Half a million expats miss out on triple-lock pensions

More than 500,000 recipients of the UK state pension living abroad do not benefit from the triple-lock, the Department for Work and Pensions has said. The triple lock, introduced by the Conservative and Liberal Democrat coalition government, increases the state pension payments each year by the highest of average earnings, CPI inflation or 2.5 per […]

14

Nic Cicutti: Adviser trade bodies are risking irrelevancy

The trade body must spell out the kind of fast, aggressive, targeted regulation the industry needs It seems hard to imagine but this month marks 27 years since I started writing for Money Marketing. I still remember my first front page scoop: the merger of two financial adviser trade bodies into a single entity – […]

Tapering of annual allowance – adjusted and threshold income

The definitions of adjusted income and threshold income used to determine whether, and to what extent, someone’s annual allowance will be reduced can be confusing.  Here we try to make sense of it all. The annual allowance will be reduced for high income individuals from 6 April 2016.  Our previous article Tapering of annual allowance […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com