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Skandia aspots bottom-up style

Giddy with confidence after recently securing its exclusive deal with New Star, Skandia clearly now has no fear.

Speaking at the Skandia Pathfinder conference last week, Skandia director of investments Jim Roberts systematically ripped apart the FSA&#39s arguments over past performance in front of 1,500 IFAs, before premiering its latest piece of artwork showing FSA chairman Howard Davies in a dunce&#39s hat.

Roberts has since been summoned to Canary Wharf to discuss his presentation with the FSA and was last seen putting a book down the back of his trousers.

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