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12 core index Vanguard funds added to Standard Life's pensions platform
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Funds available to retail and corporate customers
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Standard Life is the first Defined Contribution provider to offer Vanguard funds.
Standard Life1, the long term savings and investments provider, has added 12 of Vanguard's2 core index funds3 to its pensions platform. The new funds will be available to both retail and corporate clients.
The funds, which include both bond and equity index funds, will be available on the platform from 16 December 2011, with the exception of the SL Vanguard US Equity Pension Fund which will become available from the end of January 2012.
Eddy Reynolds, head of investment solutions, Standard Life said: "We are continually striving to ensure Standard Life's investment offering meets the needs of our customers. The addition of the Vanguard funds to our platform provides our customers with yet another strong investment range to choose from to help them achieve their investment goals.
"Throughout our discussions with Vanguard we have been impressed by the scale of their business, and the investment choices they offer. They have a global presence and bring a wealth of investment expertise, and we're excited to be working with them."
Tom Rampulla, managing director at Vanguard UK comments: "We are delighted that Standard Life will be the first defined contribution (DC) platform in the UK to offer Vanguard funds. We have seen considerable interest from DC providers and plan sponsors since we arrived in the UK and now pension investors, for the first time, will be able to access our funds through a major pension provider's product."
"Building on our now well-established relationship with fee-based financial advisers, we are moving to offer DC plans access to Vanguard's disciplined and long-term investment approach. Vanguard's investment expertise coupled with Standard Life as a leading DC platform provider provides a winning combination for DC investors".
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