Fund supermarkets provide a convenient way to buy unit trusts and Oeics and now they are evolving into a full wrap proposition, this will be possible with other investments
Online fund supermarkets have made investing far more convenient. You can hold different groups' funds, Isa and Pep accounts from different tax years in one place, see their latest overall value and switch investments without the hassle and expense of approaching fund providers directly. Now fund supermarkets are targeting wrap business, the relatively new concept of one account bringing together a range of insurance and investment products, with a single valuation and a flat annual administration charge. Firms providing varying degrees of wrap include Abbey, Seven Investment Management an...
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