Skandia stalls on 'super clean' launch

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Skandia has expressed fresh doubts about negotiating preferential share classes with fund managers, instead focusing on launching unbundled share classes that will continue to pay rebates.

After HM Revenue & Customs (HMRC) said it would tax rebates last month, the platform joined Standard Life in saying it would ask groups for ‘super clean' share classes. But today it said rebates...

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