New Products

Standard Life, RBS Enter Five-Year Platform Distribution Deal

Eliane Chavagnon London 9 October 2012

Standard Life, RBS Enter Five-Year Platform Distribution Deal

Standard Life Investments has partnered with RBS in a five-year platform distribution deal to deliver a range of Retail Distribution Review-compliant investment solutions, available via its wrap platform to RBS, NatWest and Ulster Bank clients.

The multi-channel investment platform will be accessible to RBS, NatWest and Ulster Bank in-branch advisors as of December, while the non-advisory service will launch next year, the firm said in a statement. A range of RDR-ready investment products - including ISAs, SIPPs, onshore and offshore bonds - will be available.

Customers will be able to invest in RBS, NatWest and Ulster Bank investment funds using Standard Life tax wrappers, with assets being managed by Standard Life Investments.

"This innovative partnership, for the first time, brings together Focus Solutions technology, Standard Life Wrap, and the investment expertise of Standard Life Investments," said Paul Matthews, chief executive for the UK and Europe at Standard Life.

Standard Life Investments is the UK-based fund management division of Standard Life. At the end of May, the firm launched its Global Emerging Markets Equity fund, aimed at investors seeking to diversify their portfolios. More recently, last month Wesley McCoy rejoined the firm in London as an investment director within the global equities team.

 

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