L&G seals distribution deal with Skandia

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Legal & General International (Ireland) and Suffolk Life have announced Skandia as their new distribution partner.

Under the link up, customers wishing to invest in an International Portfolio Bond from Legal & General International (Ireland) can now hold and manage their investments on the Skandia Investment Solutions platform. In addition Suffolk Life, the SIPP specialist arm of the Legal & General Group, has confirmed SmartSIPP also offers access to the Skandia platform. Until March this year, L&G had an exclusive distribution arrangement with Cofunds, but decided to end that deal to provide it with more options ahead of the RDR. Skandia UK marketing director Nick Dixon said using a platform ...

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