Skandia has failed to transfer investors in its outdated MultiFunds platform into the new Skandia I...
Skandia has failed to transfer investors in its outdated MultiFunds platform into the new Skandia Investment Solutions (SIS) platform designed to replace it. The group had intended to move the billions of pounds of investment on 25 February. SIS replaces Skandia MultiFunds and Selestia. Skandia said: “It is essential we fulfil this transition smoothly and reliably and we believed this required more time.”
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