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Skandia's largest operation, in terms of new business and profit, is the United Kingdom which launched in 1979. Their UK [[headquarters]] is [[Skandia House]] in [[Southampton]]. Skandia in the UK, along with Old Mutual Global Investors, forms Old Mutual Wealth. As well as in the UK, Old Mutual Wealth has operations in Europe and various international markets, overseeing £78.5 billion in customer investments (as at December 2013).<ref>{{cite web|title=About Skandia |url=http://www2.skandia.co.uk/About-Skandia/|accessdate=1 April 2014}}</ref> Paul Feeney is the Chief Executive Officer of Old Mutual Wealth.<ref>{{cite web|title=Skandia UK Directors |url=http://www2.skandia.co.uk/about-skandia/skandia-uk-directors/|accessdate=1 April 2014}}</ref>
In March 2012 Old Mutual sold the Nordic businesses (Sweden, Denmark, Norway) to the Swedish-based Skandia Liv, a partly mutual assurer, in an all-cash deal for £2.1bn.<ref name="nordicsale">[http://www.oldmutual.com/mediacentre/pressReleases/viewPressRelease.jsp?pressItem_id=17618 Completion of sale of Old Mutual's Nordic business]</ref>
== Operations ==
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