Standard Life partners with RBS in major distribution deal

Standard Life has signed a five-year platform distribution deal with Royal Bank of Scotland (RBS).

Under the agreement, Standard Life will deliver a range of RDR-compliant investment solutions which will be made available via the Standard Life wrap platform to RBS, NatWest and Ulster Bank customers. A service for in-branch advisers will launch in December, with the non-advised service to be unveiled later next year. Customers will be able to invest in RBS, NatWest and Ulster Bank investment funds using Standard Life tax wrappers, with assets being managed by Standard Life Investments. Standard Life UK chief executive Paul Matthews said: "We are very pleased that RBS has chosen t...