Standard Life upgrades platform in light of pension freedom

Retirement planning a 'focal point'

Victoria McKeever
clock • 2 min read

Standard Life has made a number of changes to its platform with a view to supporting the growing number of people looking to make the most of pension freedom.

One of the key changes from an adviser perspective is that adviser charging can now be taken for new and existing bonds from within the group's International Portfolio Bond product. According to Standard Life, this makes it unique in facilitating flexibility of income in retirement consistently across all tax wrappers on its platform. In other developments, recording of nominations online has been extended to offer greater flexibility and control by integrating into the online review proces while 'tailored drawdown', which aims to maximise tax-efficient withdrawals in pensions, is now a ...

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