Boom in DFM sector driving down charges

A considerable growth in the number of available MPS solutions is helping to drive down charges, according to adviser data provider Defaqto.

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Redmayne Bentley launches digital-only MPS

Investment firm Redmayne Bentley has launched its first digital-only Managed Portfolio Service (MPS).

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7IM suspends 2 funds over liquidity concerns

Discretionary fund manager Seven Investment Management (7IM) has suspended two of its funds due to liquidity concerns.

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Planners feel supported by DFMs but service lacking

Three in four financial advisers have felt supported by their preferred discretionary fund managers (DFM) during the Coronavirus pandemic but service has been lacking, according to a new report.

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