Getting a glimpse of the future by looking down under

wrap platforms

Platforms are more developed in the Australian market than the UK market so the trends that have emerged in Australia might give an indication of how the UK market is going to shape up

The wrap platform market in the UK is developing steadily but it is younger and less developed than the Australian market. As a young financial solution, its evolution in the UK is likely to be affected by a wide range of influences and it can be instructive to look to what is happening in Australia to get an idea of the way the market is likely to develop at home. In order to do this we have compared the findings of a detailed study of the Australian market conducted in 2005 with the results of the Defaqto Platforms Study 2006. Both studies identified what advisers really think of wrap an...