Introduction
Datamonitor's report Australian Opportunities in the UK Wrap Market provides
a unique and extensive insight into the market for wrap services in the UK.
Based on in-depth face-to-face interviews with wrap platform managers and
potential market entrants in both the UK and Australia, the report includes an
analysis of the opportunities that may be present in the UK for the right
Australian provider.
Scope of this report
- Examine the development and future direction of the UK market from both a
product and a competitive perspective
- Examines the Australian players and identifies their opportunities in
entering the UK market
- Looks at the potential barriers to entry and examines the ways around
problems through partnerships and acquisitions
Research and analysis highlights
Datamonitor's survey of IFAs in the UK market indicated that advisors are
expecting to see a wide range of product holdings on a wrap platform; including
life assurance, pensions, mortgages, with-profits bonds, direct equities and
bonds, cash, mutual funds and tax efficient savings vehicles.
It will take any potential player five years to breakeven on an initial
investment of GBP20m (AUD52m) in the UK market
The UK market is not likely to reach a significant size until after this
initial five-year development period. However, if wraps are as successful as
they promise to be, then growth of the strength seen in the US should not be
impossible.
Key reasons to read this report
- For Australian wrap providers find out what opportunities exist for you in
the enormous UK market
- For UK providers find out who the Australian providers are and what
threats they present to your future success
- For UK life assurors, banks and distributors find out which of the
Australian providers might present a good partnership opportunity