Standard Life has announced a number of improvements to its wrap platform this morning.
The Edinburgh based firm, an IFP corporate member, said the changes were part of an ongoing programme which has already included 14 updates to enhance usability in the last two years.
The alterations include simplifying the process for new business and quotes for new and existing clients. The company explained that it has reduced the number of input fields to make it easier to add clients or business to the platform.
Functional improvements should save advisers time, the company said, including through a multiple fund code selection tool for new business and re-registration.
A provider search auto-complete tool when accepting transferred business onto the platform and the ability to export data easily to Excel have been added.
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The company said it has increased tax efficiency and flexibility in its offshore bond by introducing the option to have multiple segments and the ability to cash them in separately. This has been achieved by increasing the number of segments from 100 to 9,999.
David Tiller, Standard Life head of adviser platform propositions, said: "Our industry and technology is constantly evolving and developing. Platforms need to be as straightforward and intuitive as possible to support advisers and their businesses, while enabling delivery of often complex client solutions.
"As well as being 2016 ready with a wide ranging investment proposition, our focus must always be continuous improvement to support advisers to make their businesses even more successful."
A dedicated area for wrap advisers has been built on Adviserzone. This offers easy navigation and provides more tax wrapper and investment content.
A newly created help section within the dedicated area offers hints and tips to get the most from the platform, as well as answers to some of the most commonly asked questions.
More improvements will be made throughout 2015, Standard Life pledged.  

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