Skandia and ABN Amro cut distribution deal
Australian Skandiawill open access to its products toABN Amro Morgans’s300 national financial advisers in a deal cut between the two financial services outfits.
Effectively, clients of ABN’s planners will have access to Skandia’s full suite of products, according to a statement issued by Skandia today.
ABN Amro director of financial planning David Codey says Skandia was selected because of “their quality in terms of the technology platform, the depth and range of fund managers”.
Skandia managing director Ross Laidlaw says the company prides itself on developing cutting edge technology that enables flexible solutions.
“We welcome the opportunity of working with ABN Amro Morgans to provide our product offerings to their clients,” he says.
ABN Amro’s advisers operate out of 36 offices nationally. Skandia has $185 billion in assets as of the end of March this year.
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