The new structure will be run in parallel with the current bundled charging structure on the Skandia Investment Solutions platform.
Skandia says it is also developing a flexible cash account will to offer advisers flexibility around how portfolios are managed. It will include the handling of fees, charges, contributions and income distributions as determined by the needs of the client and adviser.
Skandia is also broadening the investment options available on its platform, including a wider range of unit trusts, Oeics, ETFs and investment trusts.
Additional asset classes such as direct equities and gilts will also be added in due course.
Last week Axa announced that it is removing the 1.5 per cent initial charge on the bundled pricing model of its Elevate platform.
However, a 0.5 per cent charge will remain on Elevate’s explicit charging option.
Skandia chief development officer Peter Mann says: “The requirements of the retail distribution review and the natural evolution of how platforms are used by independent financial advisers are leading the way to universally unbundled charging structures. However, in the period running up to RDR it would be wrong for a platform to dictate to advisers how they run their businesses and therefore we will continue to offer advisers choice by running two charging structures in parallel to give them maximum flexibility.”