Ramping up the rivalries

clock

I don't know if it's just me but the segmentation of the wrap market seems to have taken a further turn in the last few days.

I think most people have become comfortably accustomed to the polarisation around whether a wrap is provider-led or independent (with most quality IFAs exhibiting a preference for the latter) but there now seems to be a bit of a spat brewing in the provider-led sector around about complexity and commitment to the market. It reads to me that the self-styled wrap industry giants Standard Life and Abbey are heading down different paths and Abbey at least want everyone to know about it. With some press reports suggesting that Standard is set to pull back on the marketing of its proposition (pe...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Technology

Most popular advice tech and adviser AI systems in H1 2025

Most popular advice tech and adviser AI systems in H1 2025

Iress tops the list for advice tech and AI

Isabel Baxter
clock 31 July 2025 • 3 min read
Twenty7tec rolls out integration to 'boost' adviser planning

Twenty7tec rolls out integration to 'boost' adviser planning

Adviser platform integrates with FinCalc

Isabel Baxter
clock 30 July 2025 • 2 min read
Lack of tech integration hindering adviser revenues

Lack of tech integration hindering adviser revenues

Advisers still spending significant periods of time on manual tasks

Isabel Baxter
clock 28 July 2025 • 2 min read