Skandia

Some of the UK's largest fund houses are considering launching retail share classes with a 0% AMC rather than provide platforms with ‘super clean' alternatives.

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.

Hargreaves Lansdown is asking smaller fund groups to offer their products exclusively through the discount broker, as part of a round of fresh price negotiations.

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 has expressed fresh doubts about negotiating preferential share classes with fund managers, instead focusing on launching unbundled share classes that will continue to pay rebates.

The Financial Conduct Authority (FCA) is to ban cash rebates paid to consumers from platforms from April next year.

Skandia has launched a critical illness (CI) product as many advisers "re-prioritise" protection following changes to retail investment advice made following the Retail Distribution Review (RDR).

Senior portfolio manager Ryan Hughes will leave Skandia in the coming months to pursue a new opportunity in the industry.

Skandia is to add clean share classes to its platform following HM Revenue & Customs' decision that rebates to customers are taxable.