AJ Bell to reduce MPS charge by 20% to 0.12% from October

AJ Bell is pleased to announce that it will reduce the charge for its core Model Portfolio Service (MPS) range to 0.12% per year, from 0.15%, from 1 October 2026. The lower pricing will benefit both existing and new MPS clients.

AJ Bell’s portfolios cater to a diverse range of outcome-focused investment preferences and risk appetites, and are available in an active, passive, or blended ‘pactive’ format. They are managed by AJ Bell’s award-winning in-house investments team and have a five-star Defaqto rating.

Performance has been consistently strong across our range of portfolios, delivering excellent returns for investors over both the short and long term with all core growth portfolios outperforming peers over the past five years. The core MPS range has been hugely popular with advisers since launch in 2018 and has maintained that momentum, contributing to the 30% rise in assets under management (AUM) to £9.8 billion for AJ Bell Investments in 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 year. 

Ryan Hughes, AJ Bell Investments managing director, says:

“We believe advisers using our MPS should feel good when investing for their clients. 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.”