How wraps are helping to evolve the advisory sector

The past few weeks have seen monumental changes in our industry. Unless you have had your head buried in the sand, you will of course be aware that Fidelity FundsNetwork, one of the largest fund supermarket platforms, has decided to disclose fund manager rebates – essentially, how much it is paid by fund managers. In more immediate news, Cofunds has revealed all (or at least most) in terms of its own unbundled pricing model which the £34bn platform expects to go live at some point next year. I cannot stress enough how significant a moment these actions are for the industry as some of the...