Last 196.60 GBp
Change Today +2.60 / 1.34%
Volume 7.7M
As of 11:35 AM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Millennium Bridge House

5th Floor

2 Lambeth Hill

London, EC4V 4GG

United Kingdom

Phone: 44 20 7002 7000

Fax:

Old Mutual plc provides life assurance, asset management, banking, and general insurance services in North America, Europe, southern Africa, Latin America, and Asia. U.K. and Offshore This business provides products that serve the needs of long-term investors in the U.K. and international offshore markets. Skandia Investment Solutions is an investment platform. This platform gives advisers and their customers access to Individual Savings Accounts (ISAs), PEPs, and Collective Investment Accounts, which are provided by Skandia MultiFUNDS Limited. In addition, the platform offers an approved pension wrapper and U.K. and offshore life assurance bonds. Skandia Investment Management Ltd (SIML) is an asset management company. It provides multimanager funds created by Skandia Investment Group, the part of the Skandia group that specializes in investment research and the construction of multimanager funds. Skandia International is the company’s offshore and cross-border specialist, working in partnership with other Skandia and Old Mutual businesses. It includes Royal Skandia, Skandia Life Ireland, Old Mutual International, and Skandia Leben. Skandia U.K. Skandia U.K. focuses on long-term investments. It allows each customer to have a personalized and flexible investment portfolio, suited to their goals and risk appetite. The company provides tools for customers to analyse and construct the portfolio using open-architecture solutions which give access to approximately 1,000 funds from fund management companies, as well as manager-of-managers funds created both in-house and externally. The company’s target market in the U.K. is medium- to high-net worth individuals and products are distributed through independent financial advisers (IFAs). Pensions: The company provides a range of pension wrappers to meet the retirement-planning needs of individuals, employers and trustees. Its pension products offer investment choice in funds where the underlying investments are through third-party fund managers. Investment bonds: The company offers a single-premium investment bond. As with pensions, the bond offers access to third-party funds and blended investment solutions, all managed by third-party fund managers. Protection: The company also offers premium protection solutions in the form of a unit-linked whole life product and critical illness cover. Customers include the self-employed and entrepreneurs, as well as customers seeking protection linked to inheritance tax solutions. Skandia International: Skandia International provides a range of single and regular-premium insurance wrappers designed for private, trustee and corporate investors, local residents in selected markets and expatriates. The business is focused on six geographic regions: Asia, Middle East, the U.K., South Africa, South America, and Europe. Nordic This business operates in Sweden, Denmark, and Norway, offering a range of products for both retail and corporate customers, including traditional life, unit-linked, healthcare insurance, banking, financial advisory, and mutual funds. The company’s operations focus on four end-customer groups: Private Sweden, Corporate Sweden, Private Norway, and Corporate Denmark. Markets and products: The company has a combined Nordic customer base of approximately 2.5 million customers. Its Corporate business operates in Denmark and Sweden, serving small and medium enterprises, large companies, international corporates, and the public sector. It distributes its products through independent financial advisers (IFAs) and other external partners. Corporate Sweden and Denmark offer products and financial advice from unit-linked, traditional life and healthcare businesses. The Retail business operates in Norway and Sweden, targeting affluent and mass affluent private customers. This market is served mainly through directly employed advisers, the Internet, and IFAs. Private Sweden offers savings products and financial advice from banking, unit-linked, mutual funds, and traditional life business. Private Norway offers products and financial advice from bank and healthcare businesses. Unit-linke

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