Product category:
Protection
News Release from: Standard Life Bank | Subject: Protection
Edited by the Insidemoneytalk Editorial
Team on 25 April 2007
Standard Life expands mutual funds
supermarket to welcome trustee business
Standard Life is pleased to announce the expansion of its mutual funds platform, FundZone, to welcome family and certain pension trustee business.
This means that trustees of existing trusts can access a wide choice of mutual funds by many leading fund managers in the UK 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
This article was originally published on Insidemoneytalk on 23 Feb 2007 at 8.00am (UK)
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Standard Life announces expansion of trust range
Standard Life has announced the expansion of its trust range with the launch of a Discounted Gift Plan Absolute Trust, giving more choice of trusts for advisers and clients.
The portfolio planning tool on www.adviserzone.com can assist with reviewing asset allocation.
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 expansion of FundZone to trustee business, Julie Hutchison, Estate Planning Specialist at Standard Life Assurance Limited said "This broadens the choice of investments for trustee customers.In light of the Trustee Act 2000 and similar legislation in Scotland and Northern Ireland, trustees have duties to consider the suitability of their investments and have regard to diversification".
"When conducting their next investment review with their advisers, FundZone will give trustees more investment choice than before.".
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