Psigma IM removes VAT from MPS range

Effective 1 January 2021

David Brenchley
clock • 1 min read

Psigma Investment Management has stopped applying VAT to its model portfolio (MPS) range, effective 1 January 2021.

Psigma IM said the VAT removal would apply to its MPS, MPS on platforms and its newly launched socially responsible investment (SRI) MPS range. The change came into effect at the start of the year. Head of Psigma IM Andrew Cantouris said: "This is a very positive step, which enables us to offer our highly rated, core model-based investment management services at an even more competitive price, benefitting and doing the right thing for clients." Fairstone, FE and Wellian fastest growing DFMs in 2020 The firm becomes the latest DFM to remove VAT from their MPS, following Brooks Macdo...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot