Smith & Williamson has been appointed by Truro-based independent financial advisers Worldwide Financial Planning to provide its 5-star Defaqto rated managed portfolio service to clients. 

AJ Bell has today launched a new version of its Managed Portfolio Service (MPS), which blends its actively managed portfolios with its passive funds.

MPs on the Works and Pensions Committee have voted to investigate contingent charging on pension transfers but some in the industry are sceptical about the benefits of such a move.

AJ Bell has announced a 40% cut to management fees on its Managed Portfolio Service.