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Investment platform and SIPP provider AJ Bell has changed the terms on its Managed Portfolio Service funds to reduce risks and costs for advisers.

Platform and SIPP provider AJ Bell will remove the VAT charge from its Managed Portfolio Service (MPS) from 1 October.

AJ Bell has launched a retirement income solution to help financial advisers manage clients taking income in retirement. 

AJ Bell has launched two new income funds, each targeting an annual yield of 4% but with two different risk profiles and growth objectives. 

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