The best way to handle a wrap

technology

It is very difficult to use wrap platforms to buy investment bonds because offshore ones are insurance products while a wrapper cannot be created for onshore ones

The investment bond has a lot to answer for. It is amazing that levels of commission, certainly up to 8% and allegedly 10%, have not been questioned. Is taking 8% to 10% of a client's money before investing it treating him or her fairly? This notwithstanding, bonds are a total nuisance when it comes to platforms. No other country has this relic of an ancient tax regime to cope with when writing the software for a 21st century aggregation and reporting tool. It would be bad enough if we had just one of these dinosaurs, but we have two - onshore and offshore. The good news about the offshore...