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Standard Life is an internationally recognised savings and investment company that has its headquarters in Edinburgh. It was established in 1825 and provides over 6.5 million customers worldwide with pensions and investment management. They are adamant that they provide relevant information and real solutions which positively affect the financial lives of their customers. They have spread their business admirably around the globe with offices in Asia, North America and all over Europe and the UK.
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The Standard Life Personal Pension Plan is flexible in the extreme. It allows you to place a single payment if you wish as well as the usual monthly and annual instalments. Once you choose what investments you wish to place your money in you are not married to that choice because Standard Life allow you to change your mind whenever you like. You can also transfer funds from another pension and start saving from as little as £150 a month. Their Self Invested Personal Pension (SIPP) plan is different from a traditional pension because it offers you even more flexibility. You have more investment options from which to choose from. Unlike normal pensions, you can withdraw money from your SIPP before you retire. This plan is available to all UK residents under the age of 75.
For companies, they have a range of advice for employers and employees alike but you have to be a site member to get the full picture. Their support for employees involves helping them make choices regarding making changes and switching funds. For employers, Standard Life has specific member’s only services such as GroupPensionzone and employee zone. They also offer advice for trustees and employers looking to move from existing arrangements.
If you have queries regarding their services you can phone them but in order to access online information you have to be a member. Those looking for corporate advice may have to speak to financial advisors.