Standard Life Investments (SLI) is boosting intermediary commission on three core funds until 15 Apr...
Standard Life Investments (SLI) is boosting intermediary commission on three core funds until 15 April as part of its Isa campaign.
The commission available on the Standard Life Corporate Bond and Higher Income Bond funds has increased from 3% to 3.5%, while that available on UK Equity Growth has risen from 3% to 4%.
Gail Gibson, mutual funds marketing manager at SLI, said the move would provide intermediaries with a way of offering investors a no-load equity fund while still earning commission.
SLI has also revealed details of its forthcoming targeted marketing package scheme, Options. Under the scheme, investors will be offered a choice of four packages, each containing a number of SLI funds with income, growth, income and growth or ethical themes.
Options is based around the concept that people have different requirements from their investments at different stages of their lives and should therefore invest in funds with different objectives as they progress through the life cycle.
Gibson said: 'The idea is to provide mass market investment solutions. We found that potential investors can be grouped into two basic categories: traditionalists and progressives.
'Traditionalists tend to be financially aware and looking for income, while progressives are much younger people who are just starting to think about investing in order to achieve specific goals.'
SLI will be distributing a package which will assist intermediaries in identifying which investor group their clients fall into. It will also suggest which option or funds in the SLI range would best match a client's requirements.
To 1,552 families and businesses
HL and Liberty SIPP slowest
Lifetime and annual allowances
'IFAs bore the brunt'
'Recovery or boom'