IFA Magazine hosted yet another intriguing and thought-provoking conversation in the form of “The Benefits of MPS” webinar.
Chaired by Asset Risk Consultants’ Chris Curtis, the conversation saw Schroder Investment Solutions’ Alex Funk and Investec’s Simon Taylor tackle some of the big questions surrounding MPS, including why now is the right time to be considering them as an investment approach and how they provide a vital role in upholding Consumer Duty regulation.
Inevitably, Consumer Duty reared its head throughout the discussion, with talk of how it has impacted the running of an MPS as well as how both Schroders and Investec plan to review and update their practices to remain compliant.
As suggested in the title, cash was also a major plot point for the conversation with the guests providing their outlook on why clients should be considering MPS over holding cash, and how adviser’s can approach those difficult client conversations.
The trio wrapped up the conversation with a look ahead to 2024 where both Alex and Simon outlined what issues and threats they see coming over the horizon.