Wealth and Asset Management
Invesco targets wealth market with £1 per client MPS
Invesco is to launch a model portfolio service (MPS) as it targets the advised, mass affluent wealth market. The service will charge advisers £1 per client per month (plus VAT), capped at £70 per month per advice firm, excluding tax. Chris Lyes, head of retail distribution at Invesco said: ‘Advisers…
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