Skandia steps in to help with-profits advisers

At this stage, the with-profits transfer site for financial advisers has been designed to provide the IFA with almost everything they might need to review a consumer holding with-profits bonds – additions are expected to be made at a later date to cover with-profits pensions – and the calculations used to compare potential investment performance are not independent, as the critical yield calculations are pegged to Skandia’s enhanced allocation bond and capital and income bond. Research conducted by Skandia ahead of its launch suggests of the 900 intermediaries questioned, 92% of advisers a...