Abrdn (formerly Standard Life Wrap), Aviva, Praemium and Quilter are to offer AJ Bell Investments’ managed portfolio service (MPS) to boost the number of Financial Planners able to access the funds.

AJ Bell said the launch on third partly platforms is in response to demand from advisers for the portfolios to be available from a wider range of outlets.

It hopes that the launch will make the MPS more available to more financial advisers.

The MPS has so far only been available to financial advisers via the AJ Bell Investcentre.

The MPS portfolios will be available with an investment management fee of 0.15%.

Mark Gillian, head of product at AJ Bell Investments, said: “Advisers have told us that the availability of the AJ Bell MPS on other platforms is important to them. We’re therefore delighted to work with our platform partners at Abrdn, Aviva, Praemium and Quilter to broaden choice for advisers and ultimately help them to service their clients.” 

The AJ Bell MPS range consists of 28 portfolios with 18 growth portfolios, 6 responsible portfolios and 4 income portfolios.

The portfolios went live on all four platforms this week.