Wrap things up

What do independent financial advisers (IFAs) in the UK really think about wraps? Do they see a wrap platform, which could potentially offer the benefits of access to investment funds and other products at lower costs together with simplified administration and reporting, as the way forward? Or are they suspicious of an unproven technological solution, which could tie them into a highly dependent relationship with one or two providers? The wraps debate has been going on for some time in the UK and two surveys carried out last year by CoreData Research UK show that adviser sentiment towa...