embracing technology

The advent of the fund supermarket in the UK retail space was long anticpated before it became a rea...

The advent of the fund supermarket in the UK retail space was long anticpated before it became a reality. While its initial growth may have been slow there is no questioning the usefulness of these platforms today. Particularly helpful has been their ability to help advisers consolidate a client's fund holdings, easing administration issues. The next big thing on the market is the wrap platform, extending the facilities offered on a traditional fund supermarket to include a range of wrappers - from pensions to investment bonds and isas. But like the early incarnation of the fund supermarket...