FEIFA CEO Paul Stanfield said Skandia was the only major international life office which had not yet partnered with FEIFA and was pleased to help extend the firms distribution across Europe through the association.
“We have been in discussion for some time and are delighted to have agreed this relationship,” he added. “Skandia already has a number of relevant products in Europe and, in keeping with our relationships with other life companies, we expect to assist in extending their distribution and hopefully in developing products for other EU markets, over time.”
The partnership follows FEIFA’s announcement in February this year that it intends to slow down its partnership programme after making agreements with a number of fund management groups and life offices.