We’re writing to inform you of a couple of changes we have made to ATEB Suitability.
What does this mean for me?
Following the recent rebrand of Standard Life, we have made the following changes to the ‘Providers/Platforms’ feature of Content Management:
- Standard Life now renamed abrdn
- Standard Life Elevate now renamed abrdn Elevate
- Standard Life Wrap now renamed abrdn Wrap
Please note – the ‘MyFolio’ fund range that’s sits within the ‘Investments’ feature of Content Management has also been linked with abrdn. Users will continue to be able to recommend these investments by typing in ‘MyFolio’ or ‘abrdn’ within the ‘Fund/Portfolio Name’ field of the ‘Investment Strategy Recommendation’ page.
In addition, the Stamp Duty Land Tax glossary has been updated in preparation for the lower stamp duty threshold reverting back to £125,000.00 on the 1st of October 2021.
Please don’t forget we have a collection of ‘how to’ guides, articles and hints/tips via our FAQs which are available on our Help & Support Portal.
Our support team are available 9am – 5pm / Mon – Fri to answer any further questions you may have support@atebsuitability.co.uk / 0191 338 8177.
Pension Transfers – considering a workplace pension
Alistair MacDougall Compliance Defined Benefit, FCA, Pension, Pension Transfer, PI, Switch, transfer
We recently reviewed a pension transfer report where the client was recommended to transfer out of the defined benefit scheme into the client’s pre-existing SIPP. We considered that the recommendation to transfer appeared to be appropriate. However, the client had what the FCA calls an ‘available qualifying scheme’, more commonly referred to as a […]