Octopus Investments has named Shaun Sandiford as new head of platform distribution.
In his new role, Sandiford will be responsible for promoting the Octopus alternative investment products to UK retail platforms. He will also build relationships with adviser platforms.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Sandiford joined Octopus from AXA Elevate, where he served as business development director. Pior to this, he worked as head of sales at wrap Ascentric.
Additionally, Octopus has signed a deal with wrap Novia to launch its inheritance tax service on the platform. The service aims to offer inheritance tax relief for clients after two years by investing in companies that qualify for Business Property Relief.
Paul Boston, director of sales at Novia, said: "One area that up until now has not been possible via platforms is Business Property Relief and its use in inheritance tax planning. We are delighted to be able to offer this service with the addition of Octopus investment services."
Neil Buckland, sales director at Octopus, said: "It is clear that RDR has really focused advisers’ attention on areas where they can add real value for their clients – such as tax planning – and so there is a greater requirement for us to support advisers through allowing their clients access to products and services that can help them meet their planning goals."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
