Standard Life International is launching an online facility for its International Bond on AdviserZone, which will allow quick trades to be made on funds held within the wrapper.
The move will allow advisers to trade straight-through across all of Standard Life’s retail platform products including SIPP, mutual funds as well as the International Bond.
Since launching its online SIPP facility in April 2008, around half of total trades are now carried out online, according to the group.
Standard Life’s International Bond enables investments in a portfolio of insured funds from a range of asset management companies, a platform of mutual funds, a panel of discretionary managers and a selection of deposit accounts and structured deposits.
The online trading service will allow straight-through-processing with no manual intervention from Standard Life International once instructions have been made to buy, sell or switch insured and mutual funds. A confirmation schedule will also be produced at the end of the process, so advisers have a compliant audit trail.
Ross Dunlop, distribution E-commerce manager, says: “The International Bond trading service uses the same technology and look and feel as the SIPP trading service and we expect this service to be just as popular with advisers.”
To use the service advisers can log into Client View on Adviserzone (www.adviserzone.com). Access is with a Unipass Digital Certificate or User ID and Password.
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