Standard Life is close to being able to say its 'project Elevate' upgrade is complete, according to the group's head of adviser and wealth manager propositions David Tiller.
Standard Life bought the adviser platform from Axa in May 2016 in a £31m deal and set aside a further £69m for the Elevate rejuvination project. "The business needed some working and I think it's in a good shape now," Tiller told Professional Adviser (pictured). "We're close to having a fully integrated proposition in the Standard Life platform business, but we still want to develop Elevate further." Standard Life 12 months ago admitted Elevate had been loss-making for a number of years, adding it would take a couple of years to make it profitable. The adviser propositions boss sa...
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