Standard Life launches into the offshore market

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Slil's first offering from irish office to have flexible fee structure

Standard Life International (Slil) this month launches an international bond for UK residents as its first product, following the opening of its Dublin operation. The minimum investment for the Standard Life International Bond will be £20,000 and it will be sold through intermediaries. Murray Drummond, chief executive of Slil, said: "The product has a flexible fee structure for intermediaries and is designed to match the way they want to do business. "For example, the intermediary can either take an upfront commission of 3% from the product or they can waive this if a client chooses ...

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