Skandia to shut MultiFUNDs to new business

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Skandia will close its MultiFUNDs platform to new business at the end of the year as the company ...

Skandia will close its MultiFUNDs platform to new business at the end of the year as the company shifts emphasis to its Selestia Investment Solutions proposition. Existing plans can still be topped up after 1 January, while the platform will continue to be maintained and supported by Skandia's technical and customer service teams. In September, the company began a controlled migration of MultiFUNDs business onto the new Selestia Investment Solutions platform with a handful of IFA firms. Skandia says clients on the MultiFUNDs platform will be migrated to Selestia Investment Solutions ...

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