Skandia platform drives sales to record high

For the nine months to the end of September 2010, the company grabbed a record 7% share of the life, pensions and investment market, with sales surging 34% in Q3 compared to 2009. Whilst Skandia has increased its share of the spoils, the general direction in the wider market is of a downward trend, with growth in overall market sales sliding from 34% in the first quarter to 11% in Q3, according to Skandia analysis. The Skandia Investment Solutions platform drove sales during the nine months, demonstrating the increasingly influential role platforms play in the investment market. Ch...