Octopus hires Sandiford from AXA Elevate

clock

Tax planning specialist Octopus has hired Shaun Sandiford from AXA Elevate to head up its relationships with platforms.

Sandiford has joined as head of Platform Distribution, and will be responsible for liaising with platforms in order to provide greater access to Octopus' products.

Neil Buckland said: "We are delighted to welcome Shaun to the team at Octopus. He brings with him a wealth of experience and he is well placed to fulfill our commitment to help advisers access our products through platforms.

"It is clear that RDR has really focused advisers' attention on areas where they can add real value for their clients - such as tax planning - and so there is a greater requirement for us to support advisers through allowing their clients access to products and services that can help them meet their planning goals."

Sandiford (pictured) has already agreed his first deal, with the Octopus Inheritance Tax Service - which aims to provide inheritance tax relief for clients after two years by investing in companies that qualify for Business Property Relief -  now available via wrap platform Novia.

It is the first time Octopus has offered a tax planning product on a platform.

Novia director of sales Paul Boston said: "One area that up until now has not been possible via platforms is Business Property Relief, and its use in inheritance tax planning. We are delighted to be able to offer this service with the addition of Octopus investment services."

More on Investment

JPMAM's Karen Ward: Political uncertainty in markets has been replaced with 'policy uncertainty'

JPMAM's Karen Ward: Political uncertainty in markets has been replaced with 'policy uncertainty'

Same number of unknowns in 2025

Eve Maddock-Jones
clock 22 November 2024 • 4 min read
Stories of the Week: Fund groups record weaker net sales; ISA reform 'under review'; Ballie Gifford withdraws from climate initiatives

stories-fund-record-weaker-net-retail-sales-isa-reform-review-ballie-gifford-withdraws-climate-initiatives

Funds, ISAs and climate initiatives: The biggest stories from the world of investment and asset management this week

clock 22 November 2024 • 1 min read
Partner Insight: The attractions of the small-mid private equity segment

Partner Insight: The attractions of the small-mid private equity segment

New empirical research from Schroders Capital reveals that small and mid-sized private equity funds have outperformed large funds with greater resilience through economic cycles

Viswanathan Parameswar, Eufemiano Fuentes Perez and Verity Howells at Schroders
clock 19 November 2024 • 4 min read
Trustpilot