Skandia is launching its unbundled platform model in the fourth quarter of 2012, along with an adviser charging structure designed to accommodate different fee types.
The new structure on Skandia Investment Solutions (SIS) will allow advisers to implement fees through both monetary and percentage options across four areas: upfront, ongoing, fund switches and adhoc fees. Its unbundled charging structure will include a platform cash solution across all products to facilitate the payment of adviser charging rules and provide a "safe haven" for client assets, said Skandia. The platform will launch an online prototype of the revamped charging structure in the third quarter so advisers can get up to speed with the proposition. Details of Skandia's ne...
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