Old Mutual sends 8,000 Skandia rebrand letters with incorrect firm details

Old Mutual Wealth has confirmed it sent out 8,000 letters to firms informing them of the Skandia rebrand with the wrong address and business names.

The firm officially rebrands from Skandia to Old Mutual Wealth this week but said an administrative error had meant some firms received letters with the incorrect information.

Old Mutual Wealth sent out some 800,000 letters in total highlighting the rebrand to all businesses it has dealing with.

The letters did not contain any policy details.

An Old Mutual Wealth spokesman says: “The letters sent with the wrong details represent around 1 per cent of the total letters sent. They were sent to inform people of the rebrand to Old Mutual Wealth and did not contain any policy details.”