Standard Life adviser platforms combined AUA breaks through £50bn

Standard Life today announces that the combined assets under administration (AUA) for its adviser platforms now exceed £50bn, benefiting from net inflows of £6.7 billion over the twelve months to 30 September 2017.

David Tiller, Head of Adviser and Wealth Manager Propositions at Standard Life, commented: “We have seen record inflows for both the Elevate and Wrap platforms in the year to date. This reflects the success of the adviser firms we do business with and demonstrates the importance of delivering an award-winning robust and reliable proposition to them and their clients.

“Elevate celebrated its first anniversary with Standard Life at the beginning of November and I am delighted with how the platform has performed in its first year with us. I want to thank the advisers for continuing to support us as we look to strengthen relationships further as the proposition develops.”