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A former senior manager at Skandia has been appointed as a non-executive director by AJ Bell.
Consumers using a Sipp for flexible drawdown have another option after Skandia enhanced the flexible drawdown facility on its collective retirement account.
Former Skandia marketing director Nick Dixon has been appointed as investment director at Aegon UK.
Skandia is reminding pensioners in drawdown to use their full income allowance to maximise tax efficiency.
Graham Bentley has been appointed as interim head of fund group relations at AXA Wealth.
Skandia believes people should combine both fixed and individual protection to secure a larger pension pot and protect their savings.
The Skandia businesses within the Old Mutual group will be merged into a single business called Old Mutual Wealth. 

Independent financial advisers are the most trusted source of advice for millionaires, according to a survey by Skandia.

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