Standard Life fends off wrap jibe

James Hay believed Standard Life would be concentrating on its Fundzone fund supermarket offering rather than its wrap product going forward following comments from the company’s national sales manager recently. However this has now been vehemently denied by the firm which instead re-iterated its desire to build on its offering. Peter Timberlake, head of media relations at Standard Life, said: “We haven’t pulled resources away from our wrap proposition and it is actually going ahead with pace. “We are aiming to double the number of sales people we have to around 30, and we have a queue o...