What Does a Wrap Account Look Like?
The Ascentric Wrap allows you to hold, view and trade (through your Financial Adviser) your portfolio as and when you want to. Your portfolio will sit within one or more of the tax wrappers available with access to more than 3,000 funds and the full range of London Stock Exchange traded securities (tax rules permitting).
The following wrappers are available on Ascentric:
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General Investment Account (GIA) - for directly held assets without any special tax treatment
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Individual Savings Account (ISA) - a tax efficient wrapper that pays no Capital Gains Tax and avoids most Income Tax
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Investment Bonds - onshore and offshore bonds that provide a flexible tax planning structure
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Pensions - including our in-house Ascentric Pension Account (APA) and a range of third party self invested personal pensions (SIPPs), small self administered schemes (SSASs) and qualifying registered overseas pension schemes (QROPS)
Any trades you or your Adviser make are recorded on the platform, with all contract notes available online. You will receive valuation statements twice a year and consolidated tax vouchers annually to help with your tax return.
The Ascentric Wrap is only available to private investors through a Financial Adviser. If you would like to know more about how Ascentric can benefit you, please contact your Financial Adviser. If you do not have a Financial Adviser, please click here to find one in your area.