Standard Life has added an offshore portfolio bond to its wrap platform, which offers investors acce...
Standard Life has added an offshore portfolio bond to its wrap platform, which offers investors access to 750 funds from 46 groups.
It also has plans to make the bond available to the wider market and discretionary mangers later this year.
With all major groups represented, the platform includes 10 model portfolios created to fit a range of risk profiles, which the group said were suitable for customers not seeking to create a bespoke offerings.
However, Trevor Matthews, chief executive of life and pensions for the UK and Europe at Standard Life, said portfolios could be constructed by an adviser from a selection of funds within the wrap platform.
He added: "The wrap provides advisers with technology, which enables them to deliver value-added services to clients such as regular reporting and wealth management across the client's entire portfolio at the touch of a button."
The groups and funds were selected based on their independent ratings from organisations such as Standard & Poor's and Old Broad Street Research, together with their popularity with advisers and customers.
The wrap is only available as a white labelled proposition, featuring charging structures developed by the firms that use it.
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