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.