Skandia will offer both unbundled and bundled charging structures as well as broadening the range of investments on its platform to help advisers meet RDR requirements.
The provider says it will continue to use its capital strength to invest heavily in the Skandia Investment Solutions platform, with developments to be made well in advance of the RDR implementation deadline at the end of 2012. Key features will include a new unbundled charging structure which splits out adviser, fund group and platform charges. This will be run in parallel with the current bundled charging structure in the run-up to the RDIP. Despite hints the FSA will push for charges on platforms to be unbundled, our sister title Professional Adviser recently reported the regulator ...
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