Capital guaranteed plus is now available over one and two year terms and is a capital-protected product. There are also two new fixed-rate accounts paying 5.5 per cent over six months or 5.65 per cent for a year.
Standard says the options increase the range of “safer-haven” investments available to customers and form part of the development of its Sipp.
Director of retirement solutions Dave Campbell says: “In the current climate, we are seeing strong demand for less volatile investments. Advisers and their clients have been asking us to introduce safer options within a Sipp and we have reacted positively and swiftly.
“Our absolute return funds are already being used by advisers as part of a diversified portfolio to help preserve capital values and these new options extend the range of solutions.”