WRAP Accounts

WRAP accounts are internet based and enable investors to view all their financial assets on one platform. The whole portfolio can be analysed and quantified according to money value, tax treatment, product type and asset allocation. With a click of your mouse, you are able to deal online, consolidate all your investments and check your portfolio 24 hours a day from one central source.

A wrap account brings together all your investments - including shares, bonds, cash, investment trusts, unit trusts and pensions - under one roof. They can also bring together the various tax wrappers such as ISAs, PEPs and self-invested personal pensions (SIPPs), making completing your tax return a much easier task.

WRAP accounts also allow investors to buy the funds of investment managers across the whole market. This means that, provided you choose a wrap that offers a personal pension, you can mix and match anything you like within that personal pension (subject to pension investment rules) rather than being limited to traditional pension products.