SL adds international bond to Elevate platform

Responding to adviser demand

Tom Ellis
clock • 1 min read

Standard Life has added its international bond to the range of offshore products available on its Elevate platform.

The investment company said the move was in "direct response to demand from advisers", and the bond wrapper would be offered on discounted terms to Elevate users. Standard Life acquired Axa's Elevate platform in May 2016 for £31m and set aside a further £69m to develop the platform. The provider has since confirmed Elevate, currently a loss-making venture, will remain a distinct proposition on its wrap platform. In April it released details of the first programme of upgrades to the Elevate platform, which includes simplifying processes for users and improving the discretionary managem...

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