Wrap choice 'most important' IFA decision in '08

Founder and chief executive of the IFA-owned wrap, Ferguson says advisers in 2008 face a serious question when it comes to determining which proposition to adopt. “Those advisers looking to make a decision on wrap in 2008 face a clear choice: either associate with a large product provider offering a business platform all wrapped up in a goody bag of marketing support, or invest in an IFA-owned and controlled wrap such as Nucleus,” he says. “Advisers have spent the last 20 or 30 years creating wealth for life insurance companies. It’s time they created some for themselves.” Ferguson feels...