Skandia is to allow investors to drip-feed investments into its funds over periods of up to six mont...
Skandia is to allow investors to drip-feed investments into its funds over periods of up to six months. The Phased Investment Fund Choice programme has been designed to enable more cautious investors to invest gradually into the markets, said Chris Linpow, investment marketing manager at the group. Investors can choose their own feeder fund, usually a deposit fund, and then gradually switch their investments into up to 10 investment portfolios over a three or six-month period. Linpow said: 'For example, a pension client could invest £10,000 in the Skandia Deposit fund. Ove...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
