Skandia has said it will not offer investment trusts until 2016 when it outsources its back-office technology platform to new system from International Financial Data Services (IFDS).
In August last year, IFDS entered into a 20-year agreement to provide Skandia with a new platform administration technology.
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Under the deal, IFDS will implement wealth management technology Bluedoor on the platform.
Bluedoor platform will allow the listing of a more diverse range of funds, including trusts.
Skandia added that the back office overhaul will enable new product developments including investment trusts.
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