Why should advisers consider coporate wrap?

clock

Dominic Fryer, manager of corporate strategy and risk at Friends Provident, explains why advisers should be encouraging the use of workplace savings platforms.

Some might say the level of regulation imposed on the financial services industry has actually prevented individuals from taking responsibility in making their own financial decisions. The collective response is either ‘surely, the State will take care of me’, or ‘if it goes wrong, I can always complain’. However, with the advent of technology and the emergence of corporate platforms, it is increasingly possible for people to take responsibility for their own savings. The workplace is pivotal for encouraging a savings culture in the UK. Employers can plug the information gap by providing...

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

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Why advisory businesses need to question their platforms' operational resilience

Why advisory businesses need to question their platforms' operational resilience

'If you're a financial advice firm, client trust is your most valuable asset'

Martin Jennings
clock 30 April 2026 • 4 min read
Vanguard UK Platform Awards – Adviser voting now open

Vanguard UK Platform Awards – Adviser voting now open

Across several categories

Clive Waller
clock 29 April 2026 • 1 min read
What golf's distance problem can tell us about the future of platforms

What golf's distance problem can tell us about the future of platforms

'We can't hope to fulfil our potential by standing still'

Steve Andrews
clock 22 April 2026 • 4 min read