Standard Life builds trust creation into wrap

Designed following demand from its adviser user group, the new solution enables Standard Life wrap users to create and integrate nine different trusts onto the platform – from the firm’s Loan Plan, Discounted Gift Plan and Gift Plan. They can be used with either an onshore or offshore bond. Standard Life notes the service has already seen “significant” client use in just under a week of going live, with £6m in business from 40 cases. The firm says the streamlined service enables advisers to deliver a more holistic estate planning solution to clients. Standard Life estate planning head J...