Skandia's supermarket

By Jenne Mannion Skandia plans to launch an online Funds Supermarket by mid August, by offering its MultiIsa, MultiPep and MultiFunds products over the internet. Philip Morse, investment brand manager at Skandia, said the funds supermarket, not yet named, is a natural extension to Skandia's current business in offering a number of underlying funds under the one Isa or Pep. In the Skandia MultIsa range, Skandia offers 162 funds from 20 leading providers, and investors can combine a selection of these underlying funds to form the one Isa product. Skandia offers links to Perpetual, which ha...