Standard Life upgrades platform in light of pension freedom

Retirement planning a 'focal point'

Victoria McKeever
clock • 2 min read

Standard Life has made a number of changes to its platform with a view to supporting the growing number of people looking to make the most of pension freedom.

One of the key changes from an adviser perspective is that adviser charging can now be taken for new and existing bonds from within the group's International Portfolio Bond product. According to Standard Life, this makes it unique in facilitating flexibility of income in retirement consistently across all tax wrappers on its platform. In other developments, recording of nominations online has been extended to offer greater flexibility and control by integrating into the online review proces while 'tailored drawdown', which aims to maximise tax-efficient withdrawals in pensions, is now a ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Clive Waller on platforms sector change and a new sponsor for the Vanguard UK Platform Awards

Clive Waller on platforms sector change and a new sponsor for the Vanguard UK Platform Awards

The Vanguard UK Platform Awards in association with The Platforms Association

Clive Waller
clock 04 March 2026 • 2 min read
Vanguard to sponsor UK Platform Awards

Vanguard to sponsor UK Platform Awards

Professional Adviser continues as media partner

Professional Adviser
clock 04 March 2026 • 1 min read
Perspectives on platforms and progress – past, present and future

Perspectives on platforms and progress – past, present and future

'Platform providers need as much input as they can get if they want to stay ahead of the curve'

Steve Andrews
clock 19 February 2026 • 4 min read