Product category:
Protection
News Release from: Standard Life Bank
Edited by the Insidemoneytalk Editorial
Team on 20 February 2007
Standard Life expands platform range
with launch of new mutual funds
supermarket
Standard Life is pleased to announce the launch of FundZone, the company's new mutual fund platform.
Building on the success of the company's SIPP and Wrap propositions, FundZone has been developed to suit the needs of advisers and clients alike and has a unique, flexible commission and charging structure The platform offers a wide choice of mutual funds by many leading fund managers in the UK and FundZone's range endeavours to meet the investment goals of clients by providing top-rated funds in all the main asset classes
This article was originally published on Insidemoneytalk on 3 Apr 2007 at 8.00am (UK)
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To help advisers manage the increased choice, FundZone provides advisers with a range of tools to make fund selection and review more compliant and efficient.
In addition, FundZone has been designed to offer flexibility to advisers and supports both online and paper application processes, with the aim of improving business efficiency and quality for financial advisers.
Commenting on the launch of the new platform, Trevor Matthews, Chief Executive of Standard Life Assurance Limited said "I am delighted to announce the launch of FundZone, our new mutual funds platform.
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FundZone has been specifically designed to meet the changing needs of advisers and has a unique and flexible commission structure that will support advisers now and in the future.
Standard Life is very committed to advisers and to the concept of platforms, a fact supported by the significant investment we have made in our Wrap platform." Mr Matthews continued, "Funds platforms continue to grow in popularity in the UK as more advisers use platforms to maximise their business efficiency and improve service levels to clients.
With our outstanding service record I am sure that FundZone will quickly gain market share.
"Clients are used to a fast, efficient service in their everyday lives and they rightly expect the same when it comes to financial services.
Because we put advisers at the centre of all we do, FundZone users will benefit from Standard Life's award-winning dedicated support package that includes account managers, Regional Business Centres and the FundZone Customer Centre.
" FundZone shares much of the functionally of Standard Life's award winning Wrap platform.
FundZone's appeal to advisers and clients includes:- Wide range of funds from many of the UK's leading fund managers, Competitive and attractive charging structure, Unique flexibility of the commission structure and charges, Access to online valuations, Consolidated statements, Choice of submitting business on-line or on paper, Facility to re-register out of FundZone to another provider, Online new business tracking facility for transfers, re-registration and cash transfers, Simple funds-switching process, Access to Account Managers, Standard Life brand and service standards together with Standard Life's high level of commitment to customer service.
FundZone will offer ISAs, ISA and PEP transfers and a wide range of investment funds at launch.
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