Revamp of CD-Rom tool from Skandia

Skandia has relaunched U-select, its CD-Rom-based asset allocation and fund selection tool for inter...

Skandia has relaunched U-select, its CD-Rom-based asset allocation and fund selection tool for intermediaries. U-select version 2.0 incorporates a broader range of income and investment requirements, including pensions and income drawdown. Intermediaries using the tool can run clients through a list of 12 questions aimed at ascertaining their risk tolerance levels and investment needs. The tool responds with an appropriate asset allocation model and details a list of suitable funds, which can then be presented to the client and kept by the intermediary for compliance purposes. Fund ...