MPS innovation is happening

With the Consumer Duty placing greater pressure on advice firms to demonstrate they're meeting client needs, technology is becoming the essential solution. Mark Hopcroft, Head of Investment Solutions at Aberdeen Adviser, emphasises that solutions must now help with reporting directly to the regulator and conveying compliance with rules. Beyond regulatory demands—like the upcoming FCA review of MPS—he sees sustained pressure to drive efficiencies. "If we can manage portfolios in a more efficient and robust way, then that will bring cost efficiencies we can pass back down the line to advisers,...