Old Mutual Wealth - which includes the soon to be rebranded Skandia businesses - is planning to take stakes in adviser firms which become restricted as part of a major change in its business plan post-RDR.
The Skandia label will disappear in the UK and a number of senior roles have been reshuffled as part of a major overhaul of the Old Mutual Wealth Management business.
The Skandia label could disappear in the UK as part of an overhaul by parent Old Mutual, which is rebranding its merged asset management businesses as Old Mutual Global Investors.
Old Mutual Wealth Management is set to unveil its plans for RDR-compliant fund pricing on its platform, and is preparing to boost its offering in the risk-rated funds and DFM space with a revamp of its product range.
Investors have had to reassess their strategies to stand out from peers in recent months, as range-bound markets play havoc with long-held approaches.
Thames River Capital's Jeremy Charles has joined Old Mutual Wealth Management as chief operating officer.