Pay as you go

ANY ADVISER WHO believes wrap is simply a tool for making their existing business better is going to be disappointed. That is the word from Transact's managing director Ian Taylor, who says that advisers need to be prepared to change their business model to reap the true rewards of using wrap. But Taylor says that for those willing to redesign their businesses, the benefits are substantial, both financially and administratively. Transact has one of the best pedigrees in the wrap market. It has been around the longest, though in wrap terms that is not all that long - business started in ...