Standard Life upgrades adviser charging process

Advisers will be able to target the most tax-efficient wrapper and funds to sell when paying for adviser charging, as well as automatically calculating the precise amount required. A new auto-disinvestment process will prioritise disinvestment from cash and unwrapped assets. "Throughout 2013 we're introducing a series of changes to make Standard Life wrap easier to use - our enhanced functionality to fund adviser charging is just the first of these," said David Tiller, head of platform proposition. "How adviser charging is funded is purely a matter for advisers and their clients, s...