Skandia head of wealth planning Colin Jelley has left less than a year after rejoining the provider.
Jelley first joined Skandia in 2005 as head of tax and financial planning.
He left the provider in December 2010 to become divisional director of private clients at St James’s Place.
Jelley returned to Skandia in February this year to head the firm’s wealth planning division. However, a spokeswoman confirms he has now left the firm by mutual consent.
She says: “Colin Jelley has left the business by mutual consent having helped build our team of wealth planning specialists to 10 people this year.
“That team will now report into Nigel Jeffries, head of strategic relationships, and it will continue to offer financial advisers expert wealth planning support. We wish Colin well for the future.”
Jelley’s departure comes two months after the firm hired two protection specialists – Nathalie Claeys and Colin Betts – to boost its wealth management offering.
It remains unclear whether Jelley will take another role in the financial services industry.
He could not be reached for comment at the time of writing.
Syndaxi Chartered Financial Planners managing director Robert Reid says: “Colin is one of the most respected tax experts in the country.
“He is able to explain complicated issues in a straightforward way and his departure will be a huge loss to Skandia.”