View more on these topics

Selestia Investment Solutions confirms launch dates

Selestia Investment Solutions has confirmed it will be going live to adviser consultants on August 1 and live to advisers on August 15.

Skandia head of UK marketing Billy Mackay says the consultant pre-launch will allow the key benefits of the system to be demonstrated to advisers and ensures the platform addresses some of the training and competency issues brought out in the FSA’s recent platform fact sheet.

Correspondence has been sent out to advisers today confirming the start dates and offering the chance to see the new system.

MacKay says: “We want to make sure advisers are given the chance to look at and test the new platform and gain confidence in the benefits that it offers. The FSA has highlighted the importance of training and competency around platform use and we want to ensure advisers using our service are doing so properly and taking full advantage of it.”

SIS will offer over 900 funds, free re-registration onto the platform, online valuations, phased investments and bulk switching.


HNW advisers get direct access to L&G underwriters

Legal & General is giving direct access to its senior underwriters for advisers dealing with high-net-worth clients.The insurer says it should reduce potential delays in sourcing medical and financial information and ensure that clients are on risk sooner.L&G says its underwriters have specialist experience of the market that enables them to focus on the core […]

Nationwide bids to boost broker sales after merger

Nationwide is to recruit a substantial broker salesforce to increase its share of the intermediary market.The firm says the planned merger with Portman Building Society is due to go through on August 28. The team will report to the the newly created position of head of sales for prime intermediary lending, who has yet to […]

Kensington shareholders accept £270m Investec bid

Kensington Group shareholders have voted at an extraordinary general meeting to accept the offer made by South African firm Investec.The meeting saw 178 or 97 per cent of shareholders vote in favour of the deal, with just five – 2.7 per cent – voting against the plan.The £270m price tag is less than half of […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment