Parent company

Skandia UK is a division of the Skandia Group, itself owned by Old Mutual plc. Old Mutual plc is an international savings and wealth management company based in the UK. Originating in South Africa in 1845, the group has a portfolio of businesses offering asset management, life assurance, banking and general insurance services in over 40 countries in Europe, the Americas, Africa and Asia-Pacific.

Old Mutual plc is listed on the London Stock Exchange and the Johannesburg Stock Exchange, among others. Old Mutual is listed in Business Week’s top 35 of the 50 best performing companies in Europe, ranked 32 overall based on overall sales and earnings.

The group has £264.8 billion funds under management* and has approximately 53,000 employees.

*As at 31 December 2008. Source: Old Mutual.

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Glossary.

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