Skandia creates two new support teams for IFAs

Skandia has launched two new support teams to help advisers.

The technical support team, made up of 13 specialists, will provide support to financial advisers dealing in pensions, platform, trusts and tax, and protection.

The new nine-strong online team will help IFAs maximise the benefits of using the Skandia Investment Solutions platform.

In November last year Skandia proposed to close nine regional adviser support offices. At the time of the proposed closures, Old Mutual denied that cutbacks in Skandia’s IFA support is a precursor to a sale.

In December, Moneymarketing.co.uk revealed that Skandia UK’s chief operating officer John Tomlins, finance director Simon Lloyd and platforms delivery director Tim Mann were made redundant. Skandia Investment Group, Steve Kowal and head of investment research Tom Berger also left the firm.

Skandia chief development officer Peter Mann says: “The formation of these two new teams is part of our wider support service for financial advisers.”

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