Skandia to become ‘Old Mutual Wealth’

Fron the 22nd of September 2014, Skandia are changing their name to ‘Old Mutual Wealth’.

Skandia has been part of the Old Mutual Group for a number of years; our clients may have noticed the name on Skandia’s paperwork and letterheads. Old Mutual is an FTSE® 100, international long-term savings, protection and investment group, based in London. It was established in 1845, employs over 55,000 people and serves more than 16 million customers.

From 22 September, anything currently using the ‘Skandia’ name will change to ‘Old Mutual Wealth’ so clients may notice these changes in their correspondence they receive and on their website. Skandia has assured BLM that their change of name will have no effect on customers other than to reinforce the fact that the company is a fundamental part of an organisation with very substantial financial strength, a strong heritage and an international reputation. It will also have no effect on the way BLM works with Skandia.

Should you wish to know more about the Old Mutual Group, there is further information on the following website:

Our clients can contact us with any questions or concerns.