Skandia
Wrap/platforms
The Skandia name is to disappear as the group rebrands as Old Mutual Wealth across all UK operations.
22 September 2014
•
Investment
Skandia has u-turned on its decision to close the £640m Skandia Invesco Perpetual Income and High Income funds in favour of Neil Woodford's new Income fund at his own firm.
05 September 2014
•
Investment
Skandia has handed a £640m life mandate currently run by Invesco Perpetual's Mark Barnett to Neil Woodford, in a move Hargreaves Lansdown analysts suggest may be the first of many.
22 August 2014
•
Wrap/platforms
Old Mutual Wealth's soon to be re-branded Skandia platform today reported profits had jumped 400% in the first half of 2014 to £10m, while assets in its recently-launched WealthSelect range hit £1bn.
07 August 2014
•
Charging
Just under a fifth of advisory businesses have managed to transition all their clients to a pure adviser charging model, according to a 1,000-adviser survey.
01 August 2014
•
Income
Nearly two-thirds of advisers have seen an increase in business enquiries since sweeping changes to pensions were announced in the Budget, according to a survey by Skandia.
15 July 2014
•
Wrap/platforms
Platforms are racing to update their conversion programmes as advisers complain about hefty charges when switching clients into clean share classes.
14 July 2014
•
3 min read
Equities
Neil Woodford has been handed a mandate on Skandia's WealthSelect range, likely in the region of hundreds of millions of pounds, with the platform also getting access to the manager's 65bps share class.
06 June 2014
•
