Enhancements to the Pricewatch tool include the introduction of a default fund portfolio capability, which selects funds on the basis of industry wide net fund sales and has been developed by Lipper FMI.
Other enhancements include more fund choice, with choice of funds now up from 200 to 250, a platform charges uncovered guide and the option to save Pricewatch results in PDF format.
Skandia head of proposition marketing Peter Jordan says: “We’re delighted that Pricewatch has been so well received and fast-tracking the development programme is all about delivering more of what advisers need to effectively compare platform pricing.
“Working with Lipper FMI to introduce a default portfolio of funds is a really positive development as it supports our intention to give an unbiased view of pricing differentiation across the market. The improvements are designed to give advisers more pricing information about the platforms they are considering for their clients.”