AJ Bell to reduce MPS charge to 0.12% from October

AJ Bell has announced plans to reduce the charge for its core model portfolio service (MPS) range from 0.15 per cent to 0.12 per cent from 1 October 2026.

The lower pricing will affect both existing MPS clients and new ones.

AJ Bell said its portfolios cater to a diverse range of outcome-focused investment preferences and risk appetites through active, passive, or blended formats.

They are managed by AJ Bell’s in-house investments team, with the range contributing to the 30 per cent rise in assets under management at AJ Bell Investments over the past year.

AJ Bell’s Money Market MPS will continue to have no annual management charge, while the Gilt MPS range will continue to be charged at 0.10 per cent annually.

“We believe advisers using our MPS should feel good when investing for their clients,” commented AJ Bell Investments managing director, Ryan Hughes.

“That’s why we’re reducing our charges by a fifth from October, with advisers benefiting from the same excellent service and award-winning in-house investments team behind each portfolio, but at an even better price.

“Our decision to reduce charges comes following the recent expansion of our popular Gilt MPS range and illustrates our commitment to ensuring advisers have access to a broad range of investment solutions that are easy to use and low cost.”

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