Standard Life pilots paperless system for advisers

clock

Standard Life has become one of the first providers to begin moving its transfer process entirely online.

In an email sent to advisers, seen by IFAonline, the provider said the "exciting" news would lead to a quicker service when submitting changes of agency and letters of authority. There will no longer be any need for a client signature, except in exceptional circumstances, and no requirement to send anything through the post. The service is a development of Origo's agency administration service, which standardises changes of agency and letters of authority across the 15 providers currently registered. One generic form is used to request additional agency codes, close agencies or tra...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Consolidate or complement? Five things to consider when evaluating your tech stack

Consolidate or complement? Five things to consider when evaluating your tech stack

Important to consistently evaluate your tools for value and gaps

Allie Carey
clock 19 December 2024 • 4 min read
What's on advisers' tech wish list this Christmas?

What's on advisers' tech wish list this Christmas?

Improving digitalisation, integrating AI and compliance

Nick Eatock
clock 18 December 2024 • 4 min read
Platform innovation: Terry Huddart on Quilter's CashHub

Platform innovation: Terry Huddart on Quilter's CashHub

CashHub has a broad range of cash savings products

Terry Huddart
clock 10 December 2024 • 5 min read