Selestia

Brett Williams, founder of Selestia and currently head of Skandia's wealth management unit, will become the new CEO of Cofunds, the firm has announced.

The Selestia platform is to be re-named Skandia Investment Solutions and used as the basis for Skandia's new wealth management platform.

Bill Vasilieff, ex sales and marketing director at Selestia, is set to launch a new wealth management platform called Novia later this year.

Skandia has launched a business consultancy service to help advisers change their business model from a reliance on stand alone product sales to complete financial planning.

Transact has the best UK platform proposition but the jury is still out on the newly merged Skandia/Selestia offering, according to a new adviser survey.

Selestia Investment Solutions, the new combined platform from Skandia and Selestia, will go live to new business on August 15.

Skandia has justified its decision to introduce a £50 annual charge per client on the new Selestia Investment Solutions platform.

Skandia has revealed the name of its new fund platform will be ‘Selestia Investment Solutions' when it launches in July.

Bill Vasilieff is leaving Selestia and SkandiaMultiFunds when the group's new fund supermarket is launched this summer, as part of a series of changes pulling the two Old Mutual divisions into one team.

IFA Systems has launched an addition to its web offering which allows clients to see the latest valuations for their products when logged into their IFA's website.