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What is a Wrap and When Do They Make Sense?
Manage episode 483929242 series 1461805
This week, we're unpacking a real-world financial dilemma: one person's uneasy experience after being advised to move her super from a large industry fund into something she'd never heard of—a wrap account.
So… what exactly is a wrap? And when (if ever) should you consider one for your superannuation or investments?
Join me as I explain:
What wrap accounts are and how they work
The pros, cons, and costs compared to mainstream super funds
When wraps make sense—and when they don’t
How to spot potential conflicts of interest in financial advice
Whether you're nearing retirement or just trying to make sense of your investment options, this episode will give you the clarity to navigate wrap facilities with confidence.
380 episodes
Manage episode 483929242 series 1461805
This week, we're unpacking a real-world financial dilemma: one person's uneasy experience after being advised to move her super from a large industry fund into something she'd never heard of—a wrap account.
So… what exactly is a wrap? And when (if ever) should you consider one for your superannuation or investments?
Join me as I explain:
What wrap accounts are and how they work
The pros, cons, and costs compared to mainstream super funds
When wraps make sense—and when they don’t
How to spot potential conflicts of interest in financial advice
Whether you're nearing retirement or just trying to make sense of your investment options, this episode will give you the clarity to navigate wrap facilities with confidence.
380 episodes
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