Skandia introduces client linking for spouses and civil partners

clock

Skandia clients will now be able to link their assets to those of their spouse or civil partner in order to potentially qualify for a lower platform charge.

Skandia previously calculated the platform charge based on the total value of assets held on an individual basis.  The introduction of client linking means that the platform rate will be calculated based on the combined value of the assets held by both the client and their spouse or civil partner. Skandia platform marketing manager Mike Barrett said: "This enhancement to the Skandia Investment Solutions platform will allow spouses or civil partners to benefit from a reduced platform charge, reflecting their total combined assets. "Advisers have been telling us that they will often ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Aberdeen's Kenny: 'We are not just going to switch Elevate off'

Aberdeen's Kenny: 'We are not just going to switch Elevate off'

Admits adviser communication on Elevate has been lacking

Jenna Brown
clock 10 June 2025 • 4 min read
Schroders UK Platform Awards 2025: Entry closing date fast approaching!

Schroders UK Platform Awards 2025: Entry closing date fast approaching!

Shortlists will be published in early July

Professional Adviser
clock 05 June 2025 • 1 min read
Parmenion group operating profit rises to £17.5m in 2024

Parmenion group operating profit rises to £17.5m in 2024

Platform’s flows doubled during the 12 months to 31 December

Jenna Brown
clock 03 June 2025 • 2 min read