Factoring in the offshore elements

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Skandia International urges IFAs to consider the financial security of offshore firms they deal with.

Speaking at an offshore investment presentation in London, Skandia International's marketing manager, Phil Oxenham, said  “Most customers now recognise that every asset, even cash, can go up and down, so they need to start looking at firms in the same way. Legislation and regulations are changing and so a firm that is able to support the adviser in these areas would be a valuable asset.” Oxenham continued: "IFAs need providers who can demonstrate they are in the business for the long-term.  Today’s selection of a provider should be based on those who can ensure a long-term presence in th...

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