Q3 Results: Standard Life wrap sees record flows drive assets

Standard Life wrap sees record flows drive assets to £24bn

Standard Life wrap saw record net inflows of £1.2 billion in the third quarter of 2015, which helped boost assets on the platform to £23.6 billion.

Over the first nine months of the year the wrap attracted net inflows of £3.3 billion, a 25% increase compared to the equivalent period in 2014.

The Edinburgh-based provider has previously put this performance down to advisers moving assets away from traditional fund supermarkets.

Standard Life added 70,000 new auto-enrolment customers in the third quarter of 2015, and has enrolled 190,000 savers in the year to date…Read more at New Model Adviser

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