Better Business: The wrap scrap

clock

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...

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 Investment

For companies – and their investors – management matters

For companies – and their investors – management matters

'Management, whatever the setting, really is a difference-maker'

Gabriel Sacks
clock 17 July 2025 • 4 min read
'No difference in my view': Reeves LTAF-ISA decree not enough to make platforms offer them

'No difference in my view': Reeves LTAF-ISA decree not enough to make platforms offer them

Retail platforms await further rule change details

Eve Maddock-Jones
clock 16 July 2025 • 4 min read
Bikes, bias and the quest for outperformance

Bikes, bias and the quest for outperformance

I'm a disciple of the philosophy espoused by Lotus founder Colin Chapman: 'Add lightness'

Tobias Bucks
clock 14 July 2025 • 5 min read