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Standard in wrap deal with First NZ Capital

Standard Life is to launch its wrap offering in the early part of 2006 after signing a joint deal with First NZ Capital.
The provider says it is in the final stages of development with full details to be unveiled as the company rolls out the proposition to advisers from next year.
Standard Life UK & Europe chief executive Trevor Matthews says: Standard Life will bring to the market a flexible and highly functional wrap developed hand in hand with FNZ who will bring a wealth of unique expertise and worldwide experience.
FNZ UK chief executive Adrian Durham says: FNZ is thrilled to have the opportunity to work with Standard Life to deliver a wrap service in the UK. Standard Life has an outstanding service delivery reputation with advisers and a market leading product administration platform that make this development an ideal opportunity for FNZ.

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