Defaqto unveils Consumer Duty profiles for top 20 model portfolios

Structured around FCA's four key outcomes

Ratings agency Defaqto has launched new independent Consumer Duty profiles for the 20 most recommended discretionary model portfolios.

The initial 20 discretionary MPS reports cover a number of popular MPS providers, such as Brooks Macdonald, Quilter, RBC Brewin Dolphin, Tatton, Timeline and Waverton, providing an "independent and unbiased" profiling of their propositions, Defaqto said. Consumer Duty profiles allow advisers to compare products, funds, or DFM portfolios in a peer group on the same basis using the same data.  Defaqto unveils EIS and VCT ratings on back of MICAP deal Using these documents, advisers will be able to report on the target market of the product in question and understand who is not the ta...