Standard Life has named the national restricted advice business it is building 1825, in reference to the year the life company was founded.
Standard Life's UK business has reported a 5% increase in assets under administration (AUA) following net inflows of £1.5bn and "positive market movements".
Standard Life is closing its Savings Investment Trust ISA and Savings Scheme, and transferring customers to Alliance Trust Savings (ATS).
Eight product launches, tweaks and updates advisers should know about
Standard Life is urging advisers to review their clients' legacy personal pensions to avoid their beneficiaries being forced to buy an annuity when they inherit the pots and avoid potential future negligence claims.
Provider Standard Life has been dealing with unprecedented levels of client contact since pensions freedom came into force on 6 April.
Provider Standard Life has called on the industry to come up with better processes to ensure non-advised income drawdown clients efficiently manage their retirement income.
The number of platforms targeting advisory firms is likely to halve after 2017, according to Standard Life's David Tiller.