Firms remove VAT from Model Portfolio Services
13 January 2021
7IM and AJ Bell have announced they are cutting VAT from their model portfolio ranges. This, they say, will give advisers and their clients a cost-effective way to build a diversified portfolio. For 7IM, the changes mean the 7IM Active and Passive model portfolios will have an all-in cost of 0.25% going forward, while...