Two-thirds IFAs 'very likely' to recommend wraps

The survey also found three-quarters of IFAs were likely or very likely to recommend a wrap provided by an insurance or life company but four out of five (80%) were likely or very likely to recommend a wrap provided by an investment house. Skandia, Cofunds and FundsNetwork head the list of companies IFAs are likely or very likely to consider recommending. The main reasons why IFAs believe wraps may be successful include the ease of administration and administration efficiency, cost, flexibility, investment choice and the fact everything is accessible in one place. But potential rea...