Confidence in the UK economy has fallen by 5% in Q3 2011 with financial advisers giving it an average score of 5.1 out of 10 (10 being most confident) compared to 5.6 in Q2 2011 according to Skandia’s latest Adviser Confidence Barometer*.
Skandia International, the offshore business of Old Mutual Wealth Management, today announces that Victor France has been appointed sales director with effect from 1st October 2011.
Royal Skandia, part of Skandia International – the offshore business of Old Mutual plc, has increased its presence in Asia to continue the substantial growth in business with a number of new appointments and an internal promotion.
Offshore advisers feel more confidence in the shape of their local economies than in the global economy as a whole according to a recent survey conducted by Skandia International.
Political debate continues with regard to the 50% income tax rate payable on taxable income in excess of £150,000 in terms of how long it may stay in place.
Royal Skandia Trust Company today announces that it has removed the annual fee of £300 +VAT for the life of any new trust that is taken out between 1st September to 31st December 2011. The offer applies to all new Royal Skandia applications received during this period that have premiums of £200,000 or more where a Royal Skandia Trust Company trust is utilised.