24 June 2009
Standard Life launches Tailored Investment Bond

The next generation onshore investment bond from Standard Life

Standard Life has launched the new Tailored Investment Bond (TIB). The new bond has been developed around the principles of the Retail Distribution Review and Treating Customers Fairly, with the aim of giving customers a clearer view of the product and advice costs being charged.

The TIB meets the growing demand for greater transparency in the bond market and will help customers to better understand the charging structure. It gives advisers a powerful advantage in meeting the proposed requirements of the Retail Distribution Review while helping offer better value and choice.

The TIB offers:

• Complete commission control - flexible remuneration options including initial, trail and funded initial commission
• Large fund discounts and a competitive charging structure
• The potential to reduce IHT liability
• Wide fund range
• Phased investment option
• Tax options

Mark Polson, Head of Customer Management at Standard Life commented: "The Tailored Investment Bond is Standard Life's latest step towards a full suite of clear and competitive new generation products that are sustainable, flexible and tailored to meet the needs of the customer. In a time when customers are looking for products they can understand from companies they can trust, it's more important than ever to produce propositions that meet those requirements and help build the vital relationship between customer and adviser. The result for advisers is a compelling bond proposition that"s more than fit for the future."

Notes to Editors

1. Standard Life is a major asset managing company headquartered in Edinburgh and operating across the globe. Established in 1825, Standard Life provides life assurance and pensions, investment management, banking and healthcare insurance products to over 6.5 million¹ customers worldwide. The Group has around 10,000 employees¹ across the UK, Canada, Ireland, Germany, Austria, India, USA, Hong Kong and mainland China.
   
   
2. Standard Life"s diverse business includes one of the largest life and pensions businesses in the UK with more than 4 million customers¹; Standard Life Bank, which currently has over £9.2bn² worth of mortgages under management; Standard Life Investments, which currently manages assets of £117.7bn² globally and Standard Life Healthcare, a private medical insurance company which is one of the largest in the UK.
   
   
3. On 10 July 2006, after 80 years as a mutual company, Standard Life Assurance Company demutualised and Standard Life plc was listed on the London Stock Exchange. Standard Life now has approximately 1.5 million¹ individual shareholders in over 50¹ countries around the world.

¹ Figures as at 31 December 2008
² Figures as at 31 March 2009 (figures unaudited)

For further information, or to speak to our spokesperson, Mark Polson, please contact:

Nicola McGowan
Direct: 0131 245 4016
Mobile: 07872 191 341

Email: Nicola_Mcgowan@standardlife.com

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