Macquarie wrap to launch next week

Set for a phased introduction to around six IFA firms initially, Macquarie brings years of experience running wrap propositions in the more established Australian market. Macquarie global head of financial services Peter Maher says wrap development plays a key role in the group's future expansion plans in the UK. "Demand for platforms will no doubt grow substantially in the future. Our platform is central to achieving a big presence in the UK," he says. "Our business is wholly focused on what can we do to help advisers achieve better practices." Macquarie head of UK business Jason H...