Standard Life

Professional Adviser's bitesize guide to developments advisers should know about (but which didn't quite merit their own headline)...

Investors are getting dismal interest rates when they hold cash on the UK's biggest advised platforms, with some actually making a loss after fees, an investigation by Professional Adviser has found.

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A "combination of politics and pensions" contributed to slower sales across platforms in the first three months of the year, with the year-on-year (YOY) asset growth rate also receding, according to research.

Standard Life has become the latest provider to face adviser criticism as some life companies seemingly struggle to deal with pensions changes they claimed they were prepared for.

Standard Life has completed the acquisition of wealth manager Pearson Jones from Skipton Building Society, a move which represents a return to offering financial advice for the provider.

Workplace pensions: Three key predictions

Standard Life has named the national restricted advice business it is building 1825, in reference to the year the life company was founded.

Standard Life's UK business has reported a 5% increase in assets under administration (AUA) following net inflows of £1.5bn and "positive market movements".

Standard Life is closing its Savings Investment Trust ISA and Savings Scheme, and transferring customers to Alliance Trust Savings (ATS).