Better Business: The wrap scrap

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Nucleus chief executive David Ferguson is going to sit back and enjoy developments in what is becoming THE place to be in financial services.

In the month in which Muhammad Ali visited Ireland to rediscover his ancestral roots it seems the retail financial services industry may be set for a bit of a trip back in time. Pretty much like any period in the last three or four years, the past few weeks in platform-land have fascinated me. Alongside what looks like a subtle repositioning of Axa's Elevate, Friends Provident finally confirmed the long anticipated news that it was about to embark on the development of a corporate wrap. I guess the bottom line is that thus far, Standard Life is the only mainstream UK insurer to make a...

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