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Skandia gets AMCs down to 0.52% for WealthSelect range

by Danielle Levy on Feb 06, 2014 at 14:09

Paul Feeney (pictured), chief executive of Old Mutual Wealth, said Skandia was leading the response to adviser demand for high value portfolio management services.

'Through WealthSelect we give advisers access to the best brands in the market, with easy to use regular reporting and strong performance through active portfolio management. All at a market-leading price.'

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Feb 07, 2014 at 13:20

There seems to be an almost obsessive focus on costs of access presently. Of course it's all to do with the RDR but I hope this soon begins to be balanced by an equal enthusiasm towards risk management. It's fine for ETF providers to engage in a race to the bottom on fees because there is no risk management delivered but there is absolutely no point in buying cheap and not having robust management of risk - I would welcome a survey that ranked funds by price and RAR sector by sector. Actually thinking about the number of surveys this industry undertakes there probably is one already?

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