Skandia enables adviser charging on 90% of its life products

Skandia said this morning, that the core range of Skandia Life pension products will facilitate adviser charging. New business will continue to be directed through Skandia Life's current personal pension, buyout bond and drawdown contract. Similarly some earlier pension products will remain open to top-up business and will be developed to facilitate adviser charging. These products will make up 90% of the provider's life product range. The two main exclusions from adviser charging are the Maximum Investment Plan (MIP) and the Skandia Life Bond range. The MIP will close to new...