SuperGuide

Superannuation and retirement planning information

Platforms and wraps: Benefits and downsides

Platforms and wraps: Benefits and downsides

If you’ve ever invested through an adviser, chances are they mentioned platforms or wraps. If you dozed off at that point, who could blame you.

Perhaps you snapped to attention after parting company with your adviser and finding you were now an ‘orphan’ on an investment platform.

Or perhaps you’re just a curious investor.

If a small part of you would like to know more about platforms and what they can and can’t do for you, read on.

What’s a platform?

An investment platform is an administration service that offers an extensive menu of investments wrapped up in a single account. 

About the author

Barbara Drury

Barbara is a financial journalist and author with over 30 years’ experience in Australia and the UK. She is a contributor to The Sydney Morning Herald and The Age Money section, and has worked for the Australian Financial Review and The Australian.

Barbara is the author of Alan Kohler’s Eureka Report Guide to Personal Investing, Sorting Out Your Finances for Dummies and Personal Finance for Dummies and co-author of Investing for Dummies with James Kirby.

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