Standard Life

Standard Life has overhauled its UK operation following a senior management review and launched a dedicated adviser and investment unit.

Advisers are finding the rules around the disclosure of charges and services as the most challenging aspect of the Retail Distribution Review (RDR), a survey has suggested.

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Wraps are beating fund supermarkets in attracting new business despite Cofunds' jump to the top of the platform league tables, according to latest figures.

Attractive commission options on offer from some providers ahead of the Retail Distribution Review (RDR) contributed to Standard Life's fall in gross inflows to its new-style propositions, its UK chief executive has said.

Operating profits at Standard Life UK rose by more than 60% in the first half of the year compared to the same period in 2011, driven by an increase in fee revenues and lower acquisition costs.

A number of providers have established 'holding' funds for the trail commissions earned by former Honister Capital advisers, as they await clarity on who rightfully owns the money after it was sold by Honister administrators Grant Thornton to another...

Standard Life and Aviva have said that a letter from the Honister administrator to advisers stating it would not approve the bulk transfer of ex-Honister client agencies will not affect their decision on the issue.

A significant proportion of advisers are to adopt a "second platform" strategy following the Financial Services Authority's (FSA's) finalised guidance on independent and restricted advice, according to the Platforum's adviser platform guide.