Standard Life confirms consultancy charging model

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Standard Life has launched its consultancy charging model which will be in place for corporate advisers, employers and trustees after the Retail Distribution Review (RDR).

The provider said the charging options would be introduced to run alongside its existing fee-based structure, introduced in 2004. Ann Flynn, head of workplace marketing, Standard Life said: "With the introduction of auto-enrolment it is essential employers are able to access quality advice to help them put in place a workplace pension scheme that will ultimately deliver good outcomes for their employees in retirement. "So we've enhanced our already well established, transparent charging models to provide a remuneration structure that offers a flexible range of options to advisers and ...

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