Skandia bins paper applications on Selestia

The firm says with paper applications fast becoming redundant, a ban will enable Skandia's proposition to remain highly competitive to advisers. About 70% of advisers currently using Selestia Investment Solutions only ever submit business online, the company says. However, Skandia cannot make a complete ban on paper, as a few platform processes are yet to be fully automated (see below). "It makes perfect sense for the industry to use the technological advances we've seen over the last decade to improve administrative efficiencies and make cost savings for both advisers and providers, ...