Wrap part 1: Is the market entering overload?

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Now Friends Provident has joined the wrap party, the question must be asked: just how many offerings does the industry need?

One of the issues is to determine whether the wrap fulfils all the requirements of being a true proposition. Forrester Reserarch earlier this year stated it saw true wrap propositions having to meet four key criteria: -Adviser desktop interface - including: asset allocation tools, portfolio management tools, client objectives/product selection, account management, expense tracking and product information -Third party product suites - including: insurance products, equities, investment funds, fixed income, savings products and banking products, -Client management tools - including:...

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