What They Do
Standard life is an investment company, headquartered in Edinburgh. Standard Life Investments offers global asset management expertise. They try to meet the changing need of people looking to save for the future. They look after life savings as good as possible, so people are prepared for unexpected events in the future.
A personal pension can be chosen: experts will advise you or make decisions for you and your investments. However, you are able to choose and manage your own investments from a wide range of options. Your investments can be monitored and there is the opportunity to review and switch your funds according to your own preferences and appetite for risk.
Also children are able to save at Standard Life. Junior ISA is a way of saving for children under 18.
they also have a huge focus on investing in people, regardless of your education and your grades. As you will discover they have many different training programmes to nurture talents and help people progress into the right careers for them.
Standard life international is based in Dublin. Which means the company are authorised and regulated by the central Bank of Ireland. Standard life are authorised to sell unit linked policies to residents in the UK, Channel Islands and Isle of Man.
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Standard Life international is a bond which helps customers deal with money whilst also being closely in contact with the contractor. it allows people to remain part of standard life even whilst visiting or living in different parts of the world. they have various connections with branches all around the world to ensure this happens.
This bond offers; -Flexible payment options
-A wide range of investments
-Control over withdrawing money
-A flexible product and adviser charging structure.
It also gives you access to;
-A wide range of insured and mutual funds, with no charge for switches between these funds.
-A range of discretionary investment managers, with clients able to benefit from our relationship with Standard life wealth and multi-custodianship facilities.
-A range of deposit including fixed rate accounts, fixed terms accounts and structured deposits.
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This bond ensures that you are in contact with the company and that they are available almost all of the time. for example- if you'd like to move country but still want to be a part of Standard life you can contact them and they will see what they can do. In Spain, Ireland and France it is not a problem but if you want to move to another country that they do not cooperate with there can be some issues. Standard life wants to help you and they will try to transfer you fund into another bank in the country you would like to live in but you will have to contact Standard life to see what they can do for you.
You can also keep their funds in an international Bond bank account to manage charges and any withdrawals.
It is very important that you keep enough money on your international Bond bank account to do this. Standard life international suggest that the clients should have 2% of the total value of their investments under the bond and have the amount to cover the regular withdrawals in the account.
They have got process in place to help you make sure that your bank account does not become overdrawn and incur charges.
They will give you three weeks advance notice if the risk is high that your account is likely to get overdrawn.
The fund management charge covers management of funds and administrations costs. It also includes the unit price and is collected daily. If you want more information you can read on adviserzoner.com
Whole of market, some fund providers may also apply early withdrawal charges.
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International Links
Standard Life have branches all over the world, including;
-Germany
-Norway
-Ireland
-Asia
-Sweden
-Australia
-USA
-Canada
The Standard Life Assurance Company was established in 1825 and was reincorporated as a mutual assurance company in 1925
Standard life has always been an international company, by the end of the 19th century, policies were being sold all over Europe and worldwide, in places such as Germany, Ireland, Canada, Egypt, India, Shanghai and the West Indies.
The company grew and increased diversity, they developed different types of insurance by grouping them together under three main categories- pension schemes, investments and savings.
In the 1950's, they had grown into the largest life assurance company in Scotland, dominating the sector. By the 1990s they had become Europe’s leading mutual company.
Standard Life investments, a steadfast management business, were launched in 1998. From there on they continued to grow globally opening offices in many of the financial capitals of the world.
They became Standard Life plc in 2006 after a thorough review of the company, now they have about 1.2 million shareholders across the globe and that number is ever increasing.
History
Standard Life
About Us/Erasmus+
We are a group of International students, coming from Sweden, Germany, The Netherlands and Scotland.
The Erasmus+ project is entirely funded by the European Union and is an opportunity for us to experience working around Europe. This exchange programme helps us by giving us a flavour of different job sectors, helping us make important decisions on our future.
When we meet in the four different countries, we visit different companies that we may consider as a career path.
Hi, I'm Emma Johansson. I'm from Sweden and I am studying at a school called Sandagymnasiet. I'm 17 years old and I love horses. In the future I would love to have a family after I have travelled around the world with my friends
Hi, I'm Victoria Sjoo. I'm from Sweden and I am studying at Sandagymnasiet. I'm 17 years old and study business in my spare time. I like to be with my friends and family. In the future I would like to have my own company.
Hi, I'm Rosa Beck. I'm from Holland and I'm studying at a small school in the south. When I finish school I would like to become a politician. I love to eat and listen to music.
Hi, I'm Megan from Scotland. I hope to go to university to study textile design. I enjoy playing Hockey and spending time with friends and family.
IHi, I'm Joni and I'm from Holland. I'm in the fifth year of highschool and in the future I'd like to go to university, but I'm unsure of what I'd like to study. the erasmus programme has allowed me to see different jobs.
Hi, I'm Laura. I'm a Scottish student studying at Trinity Academy. After school I would like to study English Literature at University. I love listening to music and spending time with family.
My name is Emely and I'm currently studying at KGS Schwanawede in the north of Germany. I am 18 years old and after school I'm going to persue a career in the police department. I adore animals and have a horse and two cats. I also like to play handball.
My name is Joran and I aim to graduate from KGS Schwanewede highschool. I am 18 years old and would like to engage in a voluntary service in South America, I aim to study medicine and imagine working for doctors without borders. In my free time I like to spend time with my pets and lift.
Emma Johansson
