Standard Life has today (14 January) made several usability enhancements for its wrap platform, including a simplified process for new business and quotes for new and existing clients.
The updates include: a reduced number of input fields makes it easier to add clients or business to the platform; a multiple fund code selection tool for new business and re-registration; a provider search auto-complete tool when accepting transferred business onto the platform, and the ability to export data easily to Excel spreadsheets.
The platform has also increased tax efficiency and flexibility in the offshore bond by introducing the option to have multiple segments and the ability to cash them in separately, upping the number of segments from 100 to 9,999.
A new ‘wrap help’ section within the dedicated Adviserzone area also offers hints and tips to get the most from the platform, as well as answering some of the most commonly asked questions.
David Tiller, Standard Life’s head of adviser platform propositions, said that as well as being 2016 ready, with a wide ranging investment proposition, “our focus must always be continuous improvement to support advisers to make their businesses even more successful”.
The upgrade programme has seen 14 usability-related updates and improvements in the last two years and is set to continue throughout 2015, focusing on a new investment selection tool, adviser dashboard, and a range of new reporting options.
peter.walker@ft.com
