Designed for you and your clients
Any platform technology needs to connect with your business strategy, today and into the future. That’s why our platform technology is created in-house, giving us complete control of future development.
Your clients want to understand the cost of investing on a chosen platform. With our platform, they can. We have ensured that our platform has a simple and straightforward charging structure. To help bring clarity to platform charging, we built and developed Platformwatch, our pioneering comparison tool.
Efficient, reliable and compliant
Investment portfolio planning and construction needs to be an efficient and joined-up process. To ensure this is the case, Skandia’s portfolio management and planning tools are fully integrated elements of the platform technology.
Our ‘straight-through’ data entry and processing is efficient, rapid and accurate; eliminating duplication as well as ensuring a faster outcome.
To safeguard your business and your clients’ interests, our platform provides an online audit trail of investment decisions. All your decisions are automatically recorded, helping you satisfy compliance needs.
No fund manager initial charges
We have eradicated all fund manager initial charges from the platform. It is important to remember, however, that your clients may still bear some fund manager administration or dealing costs when purchasing funds. The visibility of this charge will vary according to the type of fund, for example dual priced funds such as unit trusts may have explicit bid/offer spreads.
No platform switch charge
We do not currently make a switch administration charge, which means all your clients incur the same platform charges irrespective of switch activity. This provides a level of transparency that cannot be achieved by platforms that charge for switching.
Flexible adviser remuneration
Any platform technology needs to connect with your business strategy. With our platform, you can construct a charging structure that meets the needs of any client. Initial, annual and switch commission options are available on the platform.
Cost neutral re-registration
Within the CIA and ISA, clients can re-register (consolidate) their fund investments onto the Skandia Investment Solutions platform, provided the investment links are available. No sale or repurchase is necessary which means there is no cost for the investor for re-registration. We currently do not offer re-registration off of our platform.
No platform initial charge
We derive no initial margin from investments. An initial charge will only be levied if you elect to take initial commission. This can be up to 4.5%, but if you select 0% initial commission, there won't be a platform initial charge for the client.