The Platform Opportunity

Standard Life plc is today hosting a presentation to investors and analysts on 'The Platform Opportunity' at 10.00am, 31 May 2007, at Standard Life House, 30 Lothian Road, Edinburgh, EH1 2DH.

The presentation slides will be available on the Standard Life website www.standardlife.com at 10.00am (UK time).

Sandy Crombie, Group Chief Executive of Standard Life plc, said: "Our market-leading UK platforms have allowed us to address a growing customer demand for flexible products which fulfill their need to accumulate a wide range of assets for retirement and to draw upon them in the most efficient fashion".

"We believe such platforms will be key to supporting advisers in increasing the efficiency in their business whilst enabling them to build deeper relationships with their clients".

""Our leadership in platform capability has delivered substantially improved returns in our UK business through pursuing capital efficient and innovative opportunities." Trevor Matthews, Chief Executive of Standard Life Assurance Limited, commented: "Our award-winning SIPP continues to lead the market in growth, with ?5.3bn of funds under management at 31 March 2007, built upon first-class technology, excellent service to both the intermediary and the end-customer alike, and outstanding investment performance".

""We believe the Individual SIPP market offers continued prospects for profitable growth, with Group SIPP and Wrap presenting further opportunities in time".

"In addition our platforms are scalable and adaptable to other markets, with our SIPP platform already being applied successfully in Ireland.".

Back to top