Morningstar Wealth has partnered with the Lang Cat’s MPS comparison software Analyser.
It brings the total number of MPS providers available to research on Analyser to 52, along with 29 investment platforms.
Morningstar launched its MPS in March 2013, designed to keep clients “engaged and aligned” with the financial plans created for them by advisers.
Analyser’s MPS comparison module was launched in June 2022, two years on from its original launch focusing on the platform market.
The Lang Cat said the purpose of Analyser is to give users a “safe, robust, defensible due diligence” free from provider influence, with no external investors or sponsors.
Terry Huddart, digital director at the Lang Cat, said: “Morningstar is a welcome addition to Analyser and will give advisers an even more comprehensive view of the market.
“Our model and approach to supporting advisers is unique in this space. This is a system which makes it easier for them to deliver the best possible client outcome in terms of platform and MPS selection.”
