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Latest press releases

26/02/2014

With the latest HMRC campaign aimed at targeting investors with overseas assets, some investors could be worried about the impact this could have on their overseas investments, and others could be put off from investing overseas altogether. However, it’s not all doom and gloom, once assets have been appropriately disclosed there are ways in which the investments can be restructured, or new investments made, to make them more efficient going forwards.

24/02/2014

Investment business Skandia, part of Old Mutual Wealth, today announces the launch of a new range of managed investment portfolios, called WealthSelect, which give investors access to top fund managers in the market at an average fund charge of 0.52%.

13/02/2014

Extension of tax relief for workplace employee advice crucial in improving consumer outcomes.

06/02/2014

Skandia, part of Old Mutual Wealth, today announces details of the new range of funds and discretionary portfolio management service that it will launch later this month to complete its WealthSelect range of portfolio management solutions.

05/02/2014

The majority of financial advisers in the UK, 58%, want product providers to facilitate trust advice fees from the investment held within the trust according to a new* adviser survey conducted by Skandia International, part of Old Mutual Wealth. The remainder, 42%, want the trustee or client to write them a cheque rather than be facilitated by the provider.

29/01/2014

David Denton has returned to Skandia International, part of Old Mutual Wealth, in a drive to boost the technical expertise and support it offers advisers across the globe.  David Denton previously worked in Skandia International’s technical sales team and brings with him a wealth of experience which will help Skandia International achieve its vision of being the best investment business in its markets.

16/01/2014

In a move to enhance its estate planning offering Skandia, part of Old Mutual Wealth, today announces that it has added joint life last death rates to its market-leading Rolling Term life cover.

15/01/2014

Skandia, part of Old Mutual Wealth, has appointed Scott Goodsir as managing director, UK distribution.  Scott will be responsible for the sales and distribution of all Skandia products into the UK, including the platform, protection products, investment solutions and offshore bonds.

14/01/2014

Skandia International, part of Old Mutual Wealth, today announces key enhancements to its International Portfolio Bonds and European Portfolio Bond sold in the UK. The enhancements include greater flexibility in how Discretionary Fund Managers (DFMs) can be utilised, and will open up a number of possibilities for advisers and customers regarding how money is held and managed within their offshore bond.

10/01/2014

Multi-asset funds were the top selling asset class for the vast majority of 2013, according to sales figures from the Skandia Investment Solutions platform.

07/01/2014

Skandia, part of Old Mutual Wealth, has today launched ‘The Best Start in Life’ trust on its UK platform. The trust is a tax-efficient planning solution combining the flexibility and control of a discretionary trust, with the option to use a bare trust, if necessary, to improve tax efficiency when distributing the trust fund.

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