Selestia founder Williams launches Skandia Wealth Unit

The new unit, to be formed on 1 August 2008, will research and develop a strategy to bring wealth management solutions to UK customers, through the evolving adviser market. It will be aimed at advisers looking to service and take on more clients with around £1-10m in assets and will have cutting edge technology at its heart. Williams explains: “There is a huge untapped market here in the wealth management space. “We are responding to a market demand which is financial planning rather than transactional based. Since the demise of DB pensions, people need to find other ways of fundin...