View more on these topics

Product matters

Skandia Investment Man-agement is aiming to be at the top of the tree for IFAs seeking multi-manager solutions and, with the increasing amount of competition in this sector, it needs to demonstrate an edge to win IFA business.

SIM&#39s actively managed funds proposition is built on seven key principles, all of which are important but three of which I think are key differentiators to what is available from most of the competition.

First, it adopts the hybrid approach to multi-manager by giving mandates to managers and investing in other managers&#39 funds. It has taken the decision not to box itself into one method of investing which makes sense as it increases flexibility. In contrast, most other propositions are either fund of funds or fund of managers.

Second, its manager research team numbers 25 full-time investment professionals. Most multi-manager teams are a fraction of this in size and, because of the sheer number of managers and funds to look at, I think Skandia is better positioned than most.

Third, the pricing of the funds is extremely competitive, with true annual total expense ratios ranging from 1.8-1.95 per cent. Essentially, this means Skandia is delivering multi-manager benefits at single-manager prices, which is quite an achievement for a provider that is still often falsely described as expensive.

The funds can be accessed through the full range of Skandia&#39s product wrappers. This allows IFAs to simultaneously meet the financial planning needs of specific clients while also harnessing the true benefits of Skandia&#39s actively managed funds.

James Dalby is head of investments at Bates Investment Services


Is final whistle about to blow?

I am the finance director of a UK listed company employing over 500 staff, all of whom are members of the final-salary scheme. I have become increasingly alarmed at the number of final-salary schemes that are closing to new members or winding up. What is causing this situation and what should I do regarding our […]

Pru business vow

I have just read with disgust that some IFAs would even contemplate doing business with Prudential in the future.It is no wonder these big companies feel they can ride roughshod over us and get away with decisions such as the one made by Prudential if we do not stand united, take a stance and stay […]

Liberty Ermitage – Liberty Ermitage Gold & Resources Fund

Type: Offshore Oeic Aim: Growth by investing in gold & precious metal stocks and specialist gold funds Minimum investment: Lump sum $15,000, £10,000, euros 15,000 Place of registration: Bermuda Investment split: 32% large caps, 15% mid caps, 12% small caps, 29% specialist gold funds, 3% financing, 9% cash Charges: Annual 0.5% Commission: Subject to negotiation […]

NU exits small group stakeholder market

Norwich Union is withdrawing group stakeholder products for companies with fewer than 20 employees to focus on bigger, more profitable corporate schemes.It will no longer offer its Group Your Pension product range because of falling activity levels in the small to medium-sized business sector.NU will now offer a series of individual stakeholder pensions for employers […]

Sierra Leone cover image - thumbnail

White paper — Sierra Leone International Insights

Jelf Employee Benefits assesses the areas that employers should be aware of when considering operating in Sierra Leone, including healthcare access, delivery and insurance provisions. This report draws on various sources to highlight specific considerations for this emerging jewel in West Africa.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm