Standard Life launches streamlined pension transfer tool

The provider has launched a suite of materials to offer support to advisers with defined benefit (DB) to defined contribution (DC) pension transfers. The tools will help advisers figure out more quickly whether a client wants to transfer and how the transfer process can be streamlined to reduce cost and time spent on the process. Standard Life said advisers had told it they need help filtering out clients who shouldn't go through the full advice process, as well as with setting client expectations and recording outcomes. Pension transfers became more popular with savers following t...