We are making changes to our Intermediary Terms of Business (ITOB). The changes will come into effect 30 April 2023.  

Why are we making the changes? 

The changes reflect the evolving strategic relationship between Phoenix Group, Standard Life and abrdn. 

What is changing?

  • The ITOB will reference Standard Life and Standard Life International, and no longer includes any reference to abrdn
  • There are some minor changes regarding Data Protection and Intellectual Property provisions to bring those respective clauses up to date

What does this mean for me?

You don’t need to take any action as a result of these changes - we’re just letting you know for your information.

The revised terms will continue to cover the Wrap SIPP, Wrap International Bond and Wrap Onshore Bond products provided by Standard Life and available on the abrdn Wrap platform.

Your terms of business with abrdn will continue separately and will cover any products available on abrdn platforms provided by abrdn.

If you have any questions, please speak to your usual Standard Life contact.