MultiFunds transfer to SIS starts next month

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Skandia is to start a staged migration next month of existing business from its MultiFunds platform ...

Skandia is to start a staged migration next month of existing business from its MultiFunds platform onto Selestia Investment Solutions. The move will happen in stages, in order to ensure the technology, support and administration are fully functional and have been tested accordingly. Skandia is taking the phased approach to ensure minimal disruption to adviser or client service, with the advisers moving across on a demand-led basis. One intermediary firm has expressed a desire to migrate to SIS next month with Skandia in talks with a handful of other firms who are interested in moving...

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