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The Skandia brand is no more in the UK as of today as the adviser platform adopts the name of its parent company.

Published in Articles
Monday, 08 September 2014 10:42

£600m takeover reports described as "rumours"

Reports in the national media of a £600m takeover offer from Old Mutual for wealth management firm Quilter Cheviot have been described as "rumours" by the private equity firm, which controls it.

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A u-turn has been performed by Skandia as the firm announced it had decided to keep the Invesco Perpetual funds open to investment.

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Portfolio management services must be more accessible to customers and there needs to be greater transparency around costs, two financial services firms have said.
Published in Articles
Monday, 10 March 2014 11:45

Old Mutual Wealth vice-chairman retires

Peter Mann, the vice-chairman of Old Mutual Wealth, has announced his retirement this morning.
Published in Articles
A managing director at BNY Mellon has left his job to move to Skandia.
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A trust aimed at people who want to pass their wealth on to their family with reduced inheritance tax liability has been extended to the UK.
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Financial advisers are bullish about UK equities for 2014, according to research by an investment firm.
Published in Articles
Friday, 13 December 2013 11:20

Skandia's wealth planning head leaves firm

The head of wealth planning at investment firm Skandia has left by mutual consent – having only just rejoined in February.
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Non-domiciled UK clients holding whole of life insurance policies with a UK insurer may need further advice where the policy has been written under seal and taken outside the UK for inheritance tax purposes, says Skandia.
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