Standard Life launches tailored investment bond ahead of RDR

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Standard Life has launched a new onshore tailored investment bond (TIB) aimed at helping advisers cope with regulatory changes including the RDR.

Mark Polson, Standard Life's spokesman, says the fund will offer a range of flexible remuneration options which advisers can agree with their clients. He says this charging structure will provide a more transparent approach in line with the Treating Customers Fairly directive. "Anyone who does not do this on new products will just have to rebuild them in a couple of years," he says. He says the group is likely to unveil further products in the future to meet demands for transparency from advisers and their clients. The charging options will allow clients to discuss initial and t...

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