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Standard Life to stop paper commission statements by October

Standard Life will no longer issue paper commission statements from October 16.

The decision to scrap paper statements is part of the provider’s plans to encourage more advisers to view and download their statements online via the commission service on adviserzone.

By viewing commission statements online advisers can view a year’s worth of statements, a full breakdown of all types of commission paid and download statements in various formats.

Standard Life Distribution ecommerce manager Ross Dunlop says: “Our online commission service provides the ability for advisers to access their commission statements in a choice of formats that can be easily viewed, analysed and saved for future use.”

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