Skandia launches ISA 'unlocking' tool

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SKANDIA has launched a unique ISA website and online tool to enable financial advisers to unlock a potential £2bn of unused ISA allowances that their clients have with the company.

The new service, which is free to the 10,000 advisers currently registered to use Skandia Wrap, can help advisers identify clients with an unused ISA allowance and apply for new business in this year's ISA season. Skandia has calculated that these advisers have clients with up to £900m of unused ISA allowances this tax year and up to £1.25bn of ISA allowances available next year. Advisers can link directly from Skandia Wrap to the new ISA website without having to register for the service. The online tool automatically recognises the adviser, their existing Skandia clients and the poten...

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