Skandia

The majority of advisers are preparing to carry out extra platform due diligence following the publication of the Financial Conduct Authority's (FCA) platform paper.

Platforms will need to have at least £40bn in assets under management to survive the margin squeeze caused by new regulations, research by Deloitte has claimed.

Axa Wealth has appointed Skandia's former head of proposition Graham Bentley as the interim head of fund group relations.

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M&G's director of UK advisory has predicted it could take up to two years to properly gauge demand for restricted propositions among the adviser community.

Richard Philbin, the former F&C and Architas multi-manager, has teamed up with the founder of Skandia's Best Ideas range Alan Durrant to launch a new multi-manager business.

Skandia has taken a number of steps to speed up re-registration processes with platforms that are currently unable to handle automated re-registration.

Skandia has led tributes to British Olympic sailor Andrew 'Bart' Simpson, who passed away yesterday after a Swedish catamaran capsized during a training session.

Skandia's confidence barometer reveals that international advisers'confidence in the global economy has increased for the third quarter in a row taking the rise in confidence up to six out of 10 - up from 5.8 at the end of last year.