I guess it's that time of year when one reflects on the past and casts an eye to the future. I'm going to dispense with the former and focus on the latter as it's much more the Nucleus way!! I don't know why these lists often run to seven entries but here goes:
1. At least one top five insurer will close to new business The current commission-fuelled crazy business model will start to shudder to a halt and at least one firm will come under increasing shareholder pressure to put up the closed sign. If I was a betting man my money would not be on L&G. 2. (True) wrap providers will have more than £6bn under management by next Christmas Given that the only true wrap provider with any serious money under management at present is Transact with c£3.2bn I think the market will almost double on the back of new entrants such as ourselves, Friends Providen...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
