Who do I go to for financial advice?
Skandia doesn’t offer financial advice. Instead we rely on being recommended by financial advisers who are experts in offering investment and financial planning advice to their customers. Skandia gives financial advisers the tools they need to assess your attitude to risk and build your portfolio.
Independent financial advisers vs other types
There are three types of financial adviser: independent, tied and multi-tied. The adviser you choose will dictate the type of advice you receive.
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Independent financial advisers are not tied to any financial institution and are able to select the most suitable investment products on the market in line with your attitude to risk and your savings goals. All financial advisers must meet strict qualification and competence levels, and are regulated by the Financial Services Authority (FSA).
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Tied advisers are tied to one financial institution and are only able to recommend their products.
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Multi-tied advisers can offer products from a range of providers and can only advise on their products.
Where does Skandia fit in?
As well as providing you with access to investment funds and tax-efficient ways to hold them, Skandia gives your adviser the tools they need to:
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assess your attitude to risk in detail
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build your portfolio matched to your risk profile and your needs and goals
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manage your investments over time.
Find out more about how the relationship works between you, your adviser and Skandia.
What can I get financial advice on?
Financial advisers can give you advice on:
- Investments
- Pensions and retirement planning
- Bonds
- Life assurance
- Stocks and shares ISAs
- Mortgages (Skandia does not provide mortgages)
Learn more about the value of financial advice.
Where can I find a financial adviser?
We recommend the following independent sites to find out more about financial advice and to search for advisers in your area:
Need more information? See our page on choosing a financial adviser and questions to ask a financial adviser.