Jackie Ison outlines the benefits of using wrap and looks at some of the challenges ahead
What does the Lifetime proposition offer that other wrap platforms don't? The wrap market is dynamic and the nature of wraps makes any differentiation easily reproducible - there is no room here for patents of functionality or product offerings - all of which means that any advantage gained through a unique aspect of a proposition is likely to be short lived. The recent discussion documents that have been published by the FSA highlighted a number of factors which they felt should be present in any true wrap offering many of which already form part of the Lifetime Platform, The Bigger ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes