View more on these topics

Schroders in portfolios link-up with Skandia

Schroders’ range of three multi-manager portfolios is now available through the Skandia platform.

The distribution link enables advisers to access the Schroder S&P cautious managed, high alpha and strategic balanced portfolios through Skandia’s life, pension and fund supermarket channels.

Schroders says although it gets a lot of direct multi-manager business, a substantial part is also coming from open architecture life comp- any bonds.

Schroders says that as it does not provide pensions, a strategic alliance with a firm which does is beneficial as this will help to broaden Schroders’ investor base.

Schroders believes its funds were selected by Skandia because their multi-asset strategy is different from many peers and this is backed by top-decile performance since launch. It also regards its exclusive research agreement with S&P as major selling point.

Schroders head of sales Neil Bridge says: “Skandia has become one of the biggest life companies in the UK and it is great news that it has recognised what we do.

“We will continue to get multi-manager business direct but also, through our distribution partnership, we will get access to a wider market. Skandia probably has about 100 salespeople, whereas we have about 10.”

Recommended

Bid firm leads the way into pension sector

Pension advisers can bid for customer leads in a scheme developed by Paaleads.com. The lead-generation firm, which last week launched a bidding system in the mortgage market, is set to add pensions on October 24 and claims to be the first lead-generation firm in the pension sector. The system gives priority to the highest bidder. […]

Row erupts over ‘gay misselling’

Specialist gay IFA Chris Morgan has sparked a war of words with Ivan Massow, claiming advice given to the gay community between 1990 and 2000 is now resulting in a flood of misselling complaints. Morgan, managing director of Compass, says many gay people face significant shortfalls in their mortgage endowments and pension policies as a […]

File checks offered online

Bankhall has introduced a compliance service that all- ows members to conduct file checks online. The service, launched at its Berlin conference, has three formats – a full review, suitability review or pre-sale review. Costs range from 30 for a pre-sale or suitability review on non-investment products to 75 for an investment, pension or mortgage […]

This week in Politics

The stormy shores of Dorset were not the most inviting of places last week for anyone trying to wring financial services policy details out of David Cameron’s cuddly sunshine Tories.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com