Skandia to close nine regional offices

Following a review, nine regional offices which employ a team of 100 business consultants will close over the next 12 months. The regional business consultants will now be home-based. All operations will be centralised in a new Adviser Centre based near the company's head office in Southampton which will support advisers remotely via telephone, email and online services. Skandia chief development officer Peter Mann says the changes are a necessary modernisation at a time when technology is transforming the way people communicate. "The market is certainly changing but more than that...